Let us Make World Easier to Understand

By Jayanna Krupakar is a Civil Servant. Views expressed here are personal and do not reflect the thinking of the government. Date : 01 Jan , 2015 For several years, New Delhi has been negotiating India’s membership to four export control regimes – NSG, Australia Group, Wassenaar Arrangement and Missile Technology Control Regime (MTCR). These deliberations attained high watermark in the background of the Indo-US Nuclear Deal but abruptly went into a lull phase thereafter. NSG has a selective membership base and adherence to NPT regime is mandatory. This has been a major obstacle to India’s entry into the NSG club as India denounces NPT regime as discriminatory. The UPA II government did not pursue the matter with the same vigour as it did for the 123 Agreement. One hopes the new dispensation expedites the negotiations for India’s access to these export control regimes. Membership to the four international treaties is crucial for promoting India’s economic, technologica

Source: World Bank for GDP in terms of purchasing power parity in 2008; Projections for 2014- 2040 by Mr. Mathew Joseph, Senior Consultant, ICRIER HISTORY OF INDIAN ECONOMY Ancient times till 1707 AD  The history of India begins with the dawn of  Indus Valley civilization which flourished between 3500 BC to 1800 BC. The Indus civilization's economy appears to have depended significantly on trade, which was facilitated by advances in transport. Its citizens practiced  agriculture, domesticated animals, made sharp tools and weapons from  copper, bronze and  tin and traded in terracotta pots, beads, gold and silver, coloured gem stones such as turquoise and lapis lazuli, metals, flints, seashells and pearls. They used to ships to reach Mesopotamia where they sold gold, copper and jewellery. Around 600 BC, the  Mahajanapadas minted punch-marked silver coins. The period was marked by intensive trade activity and urban development. By 300 B.C., when Middle