The license raj in india

Burma was separated from India and directly administered by the British Crown from until its independence in The Trucial States of the Persian Gulf and the states under the Persian Gulf Residency were theoretically princely states as well as Presidencies and provinces of British India until and used the rupee as their unit of currency. Ceylon was part of Madras Presidency between and

The license raj in india

From License Raj to License Raj: An Indian Story March 7,1: I would ensure that all corrupt officials are fired. For that matter why do most Indians care about corruption and not more fundamental issues such as education, employment and infrastructure?

The answer was simple…. Ironically, a liberalized economy is helping India grow but the massive flow of money in to the Indian economy is also taking India back to the age of the License Raj. In the past decade and a half, foreign businesses have inundated the Indian market.

With the coming of these businesses and growth of local ones, there have been increased opportunities for government officials to make money and corruption has become one of our biggest problems. A few days ago, I was speaking to a dear friend of mine who decided to return to India after graduating from Harvard Business School.

Despite having worked in India prior to business school, he was facing issues in re-adjusting to the work environment. Even senior level management recognizes the importance maintaining connections.

When I spoke with a senior officer of an India-based multinational firm, he too agreed that connections were important.

Now that we know the issue, what is the solution?

The license raj in india

In the CWG scam, there were a number of people who were caught in addition to Kalmadi. One of the government officials was a personal acquaintance. Even though he was serving public office for the CWG games, he is yet to face any consequences. Like most other people involved in the scandal, he is waiting for the media hype to fizzle out.

We are good at naming and shaming people but rarely do we actually follow through to see how these officials are penalized. In most cases, government officials only lose their position and not much more.

Such minimal consequences will not deter officials from corruption. We need harsher penalties. Gupta is guilty of these charges he could permanently lose his credibility in the business world.

Similarly, if we could ban political office holders and government bureaucrats from serving people in any capacity i. In Bihar, Nitish Kumar is already doing some exceptional work on this front by harshly penalizing his own party members. We should take a page from his book.

For India to continue growing in the twentieth century, we need to adopt measures that will help us fight the issues faced in the s. Views expressed above are the author's own.

Blog The 3-D Vision:Aug 07,  · licence raj Soon, state law on use of Kannada in signboards The Bruhat Bengaluru Mahanagara Palike (BBMP) even warned of cancelling trade licences of establishments that failed to obey the instruction.

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Licence Raj, refers to the involved various licenses, regulations and accompanying red-tape that were required to set up and run businesses in India between and The Licence Raj was the result of Indian Planned Economy where each and every aspect is controlled by States and Central Government.

In Rajasthan, The Rajasthan Motor Department is responsible for the issuance of driving license and various services related to it. A driving license issued in Rajasthan can be used as an ID proof and an individual can utilize this document to operate a vehicle anytime, anywhere.5/5(1).

The Licence Raj was the result of a mixed economy that used a government planning commission established after India's independence. The Licence Raj was largely successful in the s and after, but eventually led to low rates of growth and investment.

In a proposed ‘License Raj’, Congress MP wants people to compulsorily spend less on weddings The bill proposes to cap the expenses incurred at weddings, or impose a surcharge if the cap is breached. The Licence Raj or Permit Raj (rāj, meaning "rule" in Hindi) is the elaborate system of licences, regulations and accompanying red tape that were required to set up and run businesses in India between and The Licence Raj was a result of the Nehru government's decision to have a planned economy where all aspects of the economy are controlled by the state and licences are given to a. License Raj, a product of the Nehru administration, was an elaborate system of licences and regulations and other loops that one had to jump through in order to set up a business in India. It was a result of a decision to have a planned economy where all aspects of the economy would be controlled by the government because there was a large amount of unemployment in India.

The Licence Raj or Permit Raj, a result of the decision to have a planned economy, was the elaborate system of licences, regulations and accompanying red tape that were required to set up and run. In a proposed ‘License Raj’, Congress MP wants people to compulsorily spend less on weddings The bill proposes to cap the expenses incurred at weddings, or impose a surcharge if the cap is breached.

License Raj, IDA Act and Other Policies Till - General Knowledge Today