Next time if some body asks about contribution of Congress in India, copy and paste this .................................................................................................................... A few humble contributions of Congress 1. Constitution of India 2. IITs, IIMs, ISI, 250 plus universities, Indian Agricultural Research Institute, UGC 1956, AICTE 1987 3. Doordarshan 4. AIR 5. IGNOU largest university in the world established in 1985 6. New IITs and IIMs during UPA 1 7. ISRO 8. BARC 9. First Indian cosmonaut Mr Rakesh Sharma 10. Pakistan Surrenders to India 1971 11. Nuclear Deal 12. Computerization by Shri Rajiv Gandhi 13. Non Aligned Movement by Pt. Jawahr Lal Nehru 14. Bringing back the Gold deposited out of the country 15. First Nuclear Test during Mrs. Gandhi 16. DRDO 17. Economic Reforms by Mr Manmohan Singh 18. India is 4th largest GDP 19. 2nd fastest growing economy 20. MGNREGA 21. RTI 22. Kendriya Vidhyalayas 23. SAIL 24. BHEL 25. HZL 26. Locomotive factories etc realted to railways 27. Jai Jawan Jai Kisan 28. Nuclear Deal 29. Inclusion of Sikkim in India 30. Chandrayan 31. Bhakra Nangal Dam 32. Planning Commision of India and First Five Year plan in 1951 by Pt. Jawahar lal Nehru 33. AIIMS 34. free and compulsory elementary education for rural children 35. Nationalization of Banks 36. Green Revolution 37. As per economic surveys, when Indira Gandhi became Prime Minister, 65% of the countrys population was below the poverty line, and when her regime ended in 1984, this figure was 45%. During her rule, food production increased by 250%.Literacy also increased in India by 30% 38. Modernization of the telecommunication industry 39. Navodaya Vidyalaya System in 1986 40. The first National Education Programme was promulgated in 1968 by the government of Prime Minister Indira Gandhi, and the second by Prime Minister Rajiv Gandhi in 1986. 41. Shri Rajiv Gandhi increased government support for science and technology and associated industries, and reduced import quotas, taxes and tariffs on technology-based industries, especially computers, airlines, defence and telecommunications. He introduced measures significantly reducing the License Raj, allowing businesses and individuals to purchase capital, consumer goods and import without bureaucratic restrictions. 42. created MTNL in 1986, 43. public call offices, better known as PCOs, helped spread telephones in rural areas. 44. free market reforms that rescued the almost bankrupt nation from economic collapse. 45. SEBI Act of 1992 and the Security Laws (Amendment) which gave SEBI the legal authority to register and regulate all security market intermediaries. 46. Opening up in 1992 of Indias equity markets to investment by foreign institutional investors and permitting Indian firms to raise capital on international markets by issuing Global Depository Receipts (GDRs) 47. Starting in 1994 of the National Stock Exchange as a computer-based trading system which served as an instrument to leverage reforms of Indias other stock exchanges. The NSE emerged as Indias largest exchange by 1996. 48. The impact of these reforms may be gauged from the fact that total foreign investment (including foreign direct investment, portfolio investment, and investment raised on international capital markets) in India grew from a minuscule US $132 million in 1991-92 to $5.3 billion in 1995-96 49. Rao began industrial policy reforms with the manufacturing sector. He slashed industrial licensing, leaving only 18 industries subject to licensing. Industrial regulation was rationalized. 50. it was Rajiv Gandhi who reduced the voting age to 18. 51. It was Rajiv Gandhi who declared Swami Vivekanandas birth anniversary on January 12th as National Youth Day. 52. Look East foreign policy 53. A strong earthquake in Latur, Maharashtra, also killed 10,000 people and displaced hundreds of thousands in 1993. Rao was applauded by many for using modern technology and resources to organize major relief operations to assuage the stricken people, and for schemes of economic reconstruction. The prime minister, Narasimha Rao, appointed an Oxford-educated former academic/bureaucrat, Manmohan Singh, as finance minister. Singh had served in all major economic positions in the country, including as governor of India’s central bank, the Reserve Bank of India. As secretary-general of the South Commission, he had also had close interactions with IMF managing director Michel Camdessus. As economic adviser to the previous prime minister, Singh was not new to the impending crisis. To him, making exchange rate adjustments, implementing fiscal reform, and influencing business expectations were the most immediate policy priorities
Posted on: Sat, 01 Feb 2014 05:10:49 +0000