BALCO BALCO is an abbreviation for Bharat Aluminium Company Limited. BALCO was incorporated as a public sector undertaking in 1965. It holds the distinction of being the first aluminium producing Public Sector Undertaking (PSU) in India since 1974. BALCO was a public sector enterprise till 2001, with the government of India having 100% stake in …
VSNL is a part of TATA Groups and was established in the year 1986. It is a multinational telecommunications company. VSNL was initially an independent government body which was privatized in 2002 under TATA Groups. After its privatization, VSNL has gone through many positive and negative changes. These changes are subjects to be studied. The …
Pros and Cons of Privatization of VSNL (Videsh Sanchar Nigam Ltd.) Read More »
What is a Bank The word ‘Bank’ does not need any kind of introduction. Everyone, now a day, is familiar to 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 …
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 …
Pros and Cons of Privatization of PSU (Public Sector Undertakings) Read More »
Privatization is a term implying the transformation of a public sector company into a private sector company. Also, when government regulations on a private company are lessened or removed; the company is said to have undergone “deregulation”. The term “deregulation” is also often used as a synonym of privatization. In other words privatization means that …
Achievements of India after 1947 India had won its freedom on 15th August, 1947 after a long struggle against the British rule. Many people had lost their lives and family. They had felt the British oppressive policies and faced the tortures and punishments. They had no opportunity provided by the British to prosper. They neither …
As per the Government of India Act, there was first provincial election were held in India in 1937. Almost 30 million Indians had participated to vote in this election. The participants in the election were mainly from the Indian National Congress (INC) and All India Muslim League (AIML). There were also some other independent candidates …
The history of the world has gone through two World Wars. The loss of lives and properties caused by both the Wars is almost impossible to meet. These wars were named as World War I and World War II. The World War I also said the First World War was started on 28th July 1914 …
Response of the Nationalists to the First World War Read More »
British Reforms, 1919 were one of the historic changes during the colonial period. They were known as Montagu-Chelmsford Reforms or government of India Act, 1919. These were related to the constitutional reforms of India during the colonial period. The theory of partial responsibility for India was adapted by the British government. These concepts were provided …
The Indian freedom struggle from the British government lasted for a long time. Though it was in our favour, it took many years and many lives. There were many revolutionary movements gone during this period. Some of them are worth to be discussed. The first of them is the Kakori Conspiracy of 1925. It was, …
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