Author: Anand Srivastava

Pros and Cons of Privatization of Indian Railway

Indian Railway Indian Railway, also abbreviated as IR, is a national transportation system connecting different parts of India through a rail network. It holds the 4th rank in the list of largest Rail Networks of the world. Also, the Indian Railway is a source of major income of the Government of India. It is the largest mode of transport in India preferred by Indians. It connects the destinations of long distances and is quite comfortable. Although Airways are the fastest way to connect the long-distance because of their costly fairs, people prefer to travel by Train. Indian Government has monopoly control over Indian Railway. History of Indian Railway Although the concept of Train in India came very early and they were mainly used to carry goods for construction purposes only, the first passenger train in India ran on 16th April 1853 between Bori-Bunder (Bombay) to Thane. It had carried approx 400 people. Similarly, the first Train of Eastern India ran on 15th August 1854 between Howrah to Hooghly. The first 3 zones of Indian Railways were Southern, Central and Western Zones introduced in 1951. India got its first fully AC Train in 1956 between Howrah and Delhi. The website of Indian Railway was launched in 2000 and consequently, Indian Railway launched an online ticketing and reservation system in 2002. Employment in Indian Railway Undoubtedly the Indian Railway is the...

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Pros and Cons of Privatization of Banks

What is a Bank The word ‘Bank’ does not need any kind of introduction. Everyone, now a day, is familiar with what Bank is. It is a financial institution that works according to the structure of the economy and helps to promote it. Banks have proved to be very helpful in connecting the people directly to the economy of the nation. Banks are mainly authorized to receive the deposits of the people and also provide them loans easily and according to their needs. Banks are the key to drive the economy smoothly and efficiently. Short History of Banks in India “The Bank of Hindostan”, established in 1770, was the first bank of India which ran for about 60 years and soon failed. The modern-day “State Bank of India” was established in 1806 and was first named “Bank of Calcutta”. It was later renamed as the “Bank of Bengal” by the British Government. Soon this bank merged with “Bank of Madras” and “Bank of Bombay” and formed a new bank called “Imperial Bank of India”. “Reserve Bank of India (RBI)” which is the central banking institution in India, was established on 1st April 1935 with the RBI act 1934. In succeeding years, India got many other private banks working well with the economy. The Government of India took a step to nationalize the 14 major banks of India in 1964...

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Pros and Cons of Privatization of PSU (Public Sector Undertakings)

What is PSU Everyone must have heard the word PSU. PSU stands for “Public Sector Undertaking”. In general, we can say that a PSU is an enterprise in which the majority of the stocks (more than 50%) are owned by the Central Government, State Government or Union Territory Government or more than one of them together. PSU or Public Sector Undertakings are also called Public Sector Enterprises. Currently, India has about 300 PSUs working under the control of the Government. Classification of PSUs The PSUs can be classified into three categories as given; CPSEs CPSEs (Central Public Sector Enterprises) are the enterprises that share 51% or more stocks with Central Government or other CPSEs. PSBs PSBs (Public Sector Banks) are the Banks that works under the control of the Central Government or other PSB and share 51% or more stocks with them. SLPEs SLPEs (State Level Public Enterprises) are the enterprises working under the control of State Government or other SLPEs and share 51% or more stocks with them. Status of PSUs As we have discussed earlier that there are almost 300 PSUs at the time working in India. The work performance and efficiency of every PSU are different from the others. So the government has provided four statuses of the PSUs falling under which they are provided different advantages and they have to achieve the given parameters to...

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Slogans on Diabetes

Diabetes is a metabolic disease resulting in a high blood sugar level. Some initial symptoms of diabetes include increased thirst, frequent urination and loss of weight and appetite. If not treated properly, diabetes could have serious complications and may result in the failure of vital body organs. It is well said that prevention is better than cure, so people must aware enough to be prevented from this deadly disease. Slogans are the best way to spread the message among people with the help of a few words only instead of long sentences or paragraphs. Get here some unique texts to say your words about diabetes. Unique and Catchy Slogans on Diabetes     If you want to remain healthy and fit, avoid excess sugar and sweet.     Diabetes can cause serious medical complications but you can avoid it by regular exercise and medication.     Regular exercise and healthy food will keep you away from Diabetes and feel good.     Use Insulin as directed, it will keep you away from being affected.     Diabetes won’t wait, so lose your weight.       Even sugar becomes sore when is in excess in your blood.     If you count the lethal disease, the first one to come in the list is Diabetes.     Prevention is better than cure; Diabetes will lead you to death for...

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Slogans on Constitution of India

The Constitution of India was adopted by the Indian Constituent Assembly on 26th November 1949 and came into effect on 26th January 1950. With the Constitution being effective, India became a sovereign Republic governed by her own people. Drafted by the 389 members of the Constituent Assembly under the chairmanship of Dr. B.R. Ambedkar, it holds the record of being the longest written Constitution in the world. Share these Constitution Slogans among your friends to deliver maximum impact on the audience regarding the Constitution of India. Unique and Catchy Slogans on Constitution     Constitution protects our right all the day and night.     There is no democracy without Constitution.     Constitution defines democracy, so understand its supremacy.     The Constitution provides you rights, make right use of them.     The whole country runs according to a Constitution so respect it.       Our constitution is our pride, it is the lengthiest worldwide.     There is no institution, which will teach you to respect your constitution. Always respect the constitution!     If you are not a good citizen, then don’t expect for a good constitution.     The constitution provides equal rights to all, whether a rich person or a poor.     Our constitution was made by B.R. Ambedkar; no one else could have made it better.     Right to constitutional...

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