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' ·... III W .Z ".".., "0, <:> \-"• ~, )..~ '".•. iiito o ====::::::;;0 Copy Rights: Editor Disclaimer: The Authors are solely responsible for the contents of the papers compiled in this book. The Publishers or editors do not take any responsibility for the same in any manner. Errors, if any, are purely unintentional and readers are requested to communicate such errors to editors or publishers to avoid discrepancies in future. ISBN: 978 - 0 - 359 - 22764 - 8 Page: vi + 298 = 304 Price: 300 First Impression: 2018 Published by ARALI SIDDALINGAPP A BASAPP A GOVT. FIRST GRADE COLLEGE, Sunakalabidari, Ranebennur (T), Haveri (D) ii / ./ ISBN: 978- 0- 359 - 22764 - 8 Globalization and its Impact on Indian Culture Smt. Kumuda. S. L. Abstract: Globalization has a wide role to play worldwide. It has left back its footprints at every sphere of life not only in India, but the interchange of world views and ideas has resulted in a major transformation of the life style and living standard of people globally, Indian culture is no bar to this transformation process. Our deep rooted traditions and customs have loosened up their hold with the emergence of globalization. India has a rich cultural background and pride of its culture which is famous throughout the world. Globalization has not only inculcated the westernization in India, but conversely the Indian culture has also spread its impact globally. Key Word: Globalization, Indian culture, Transformation process. Introduction: Globalization is the process of worldwide integration of economic, financial, cultural- environmental and communication system. It refers to a scenario where countries and nations around the world become interconnected and interdependent for meeting their needs, both internal and external. It is a process through which the diverse world is unified into a single society. Globalization in India: Globalization was introduced to India in 1991, when the Indian Government introduced a set of reforms for the ailing Indian economy to prevent it from going to further crisis. These reforms were the liberalization, privatization and globalization reforms since 1991, we have seen major changes in India. Globalization has opened India to the world and has brought in the much needed exposure. Globalization has had impacts in the economic, social, cultural and political ways of India. The most significant remains the import of globalization on the economic sector. India has been tremendous growth since 1991. The MNC's were brought in by globalization. Globalization has had a very profound impact on Indian culture too. It has had a very deep impact on our culture and has dug its way to the roots of our culture. Indian Culture: India has amazing cultural diversity. The South, North and North-East have their own distinct cultures and almost every state has carved out its own cultural rich. There is hardly any culture in the world that is as varied and unique as India. It is home to some of the most ancient civilizations including four major world religions, Hinduism, Buddhism, Jainism and Sikhism. 88 I P age Globalization: Issues and Challenges FI C AL M AGE E DE 0 -TISATION E FEeT EDITORS Or. Nselam Arora I Dr. Rajesh Mankani Dr. Arun Poojari I Dr. Jayadev Kadli • ••••• I j r nd VAKRATUND PUBLtCATION,S PVT LTD \~ - ISBN: 978-81-932949-1-8 • -dJ V ra d fJ the Published by: VAKRATUND PUBLICATIONS PVT. LTD. Mumbai Shree Nand Dham, Plot No. 59, Sector No. 11, Shop No. I, Gr. Floor, B Wing, Belapur - CBD, Navi Mumbai - 400614 • Tel.: 022-27564926, 9820180786(M) E-mail: [email protected] in association with Research Cell Lala Lajpatrai College of Commerce & Economics, Mumbai ISBN: 978-81-932949-1-8 ©Author Rs.600/- • First Edition, c...20- 17 - IMPACT OF DEMONETIZATION ON INDIAN ECONOMY Smt. Saraswati. V. Patil Asst. Prof in Economics Govt. First Grade College, Shiggaon I Haveri I Karnataka Email::[email protected] • Abstract: In en IlnpOilant move, the Government of India declared Ihal Ille five hundred and one rupee notes will 170 longer be legal lender from midnight, 8111November 2076. Do 8/1 Novemm niglll at 8. 75 PM Prime Minister of India Mr. Narendra Modi in his unscheduled televisioan tne nation announced that the currency notes of 500 and 7000 denomuuuion willnolrei tender money from llI/dnight. Government took Ihis slep of demonetisllig the currencyasa fight agal17s1black money and corruption 117Indian Economy.lndia has amongst thehighest currencies 117circulation at 72. 7% of GDP. Cesh 017 hand is an estinsteo at around household assets. 17igl7erthen IItvestmetu 117oqaltios, or lOugl7/y around $ 220 billion.Of/Ii 87'70IS 117the form of Rs 500 and Rs 7,000noles or roughly Rs 74 lskh crore ($790bilr ptesem paper I7Ighlights the probable consequences of 117isdecision on various economic snd enuu. es. • 131 IMPACT 01<' DEMONETIZATION AND GOODS AND SERVICES TAX (GST) ON INDIAN & GLOBAL ECONOMY Publisher Smt. & Shri G. S. Akkihal College of ,- -' Commerce and Post Graduate Institute of Commerce, Saptapur, Dharwad Ph: 0836-2773314/ 16 E-mail: [email protected] 1',\" l'" CopyRight Author First Edition 2018 t· lSBN 978-93-5300-515-3 • Pages x+501 Copies 500 Paper used 70 GSM Maplitho Price Rs.500/- Size Demy 1/8th Cover & Typeset: R. K. Hegde, Dharwad Printed at B. G. Offset Printers, Dharwad II • 11 GST: Its Benefits and Impacts on Various Sectors in India - Smt. Saraswati V. Patil ,Introduction: The word tax is derived from the Latin word 'taxare' ., eaningto estimate. The Goods and Services Tax (OST) is a ' Valueaddedtax to be implemented in India, the decision on which , pending,GSTis the only indirect tax (OST) is aimed at creating a '~gle,unified market that will benefit both corporate and the , nomy.Under the 08T scheme, no distinction is made between 'oodsand services for levying of tax. In other words, goods and rvicesattract the same rate of tax. OST is a multi-tier tax where , tirnateburden of tax fall on the consumer of goods! services. It is Wledasvalue added tax because at every stage, tax is being paid Ilnthevalueaddition. Tax is not a voluntary payment or donations psuchit; is a compulsory monetary contribution exacted pursuant :.0 legislative authority and is any contribution imposed by vemrnentinvarious ways. Power to levy and collect taxes whether .,ectorindirect emerges from the constitution of India. Article ~46ofconstitution of India gives the respective authority to union , stategovernments for levying taxes. Tax acts as a main source revenuefor the governments. As per the receipt budget 2014- 5, taxrevenues stands at Rs.977, 258.47 cores. Tax policies lay animportant role on the economy through their impact on thefficiencyand equity. A good tax system shall endeavour to .' tetaxrevenues to support government expenditure on public rvicesand infrastructure development. The Goods and Service :" ProfofEconomics G B Ankalkoti G F G C Shiggaon Dist:Haveri .Karnataka. I-Id:[email protected] Mob:9481727252 nd \ ISBN NO. 978-93-5268-746-6 Proceedings of National Seminar on ~SKILL DEVELOPMENT INITIATIVES IN I DIA: STRATEGIES AND CHALLENGES" (07 -04-201 7) Organized by SHRI K. M. MAMANI GOVERNMENT FIRST GRADE COLLEGE, SAUNDATTI-591126, DISTRICT-BELAGAVI, KARNATAKA, (Affiliated to Rani Channamma University, Belagavi, Karnataka) ~ •.• .,..~.... ~_.__ _'''''''' _ •• • • r • , . ~~~ .~-~~ A";''''';': ~ ii Title Proceedings of National Seminar on 'Skill Development Initiativt India: Strategies And Challenges' Edition First Edition, 2017 ISBN 978-93-5268-746-6 Published by Shri K. M. Mamani Government First Grade College, Saundatti-591126, Belagavi, Karnataka, India. Websit www.gfgcsaundatti.org Email [email protected] Phone 08330-222015 Pages viii + 230 Price 350=00 Editor Santosh N. Hubballi, Assistant Professor, Department of Sociology, SKMM Government First Grade College, Saundatti-591126 Printed at B. G. Printers Dharwad. 98452 70114 SHRI K. f\ (Affi Iioted 1 ROLE OF SKILL DEVELOPMENT FOR ECONOMIC GROW Smt. Saraswati V. Patil, Asst Prof of Economics, G.B.Anklakoti.G.F.G.C Shiggaon, DisttHaveri, Kamtaka.India, email-Id:[email protected] Abstract: Our education system is inadequate to produce qualitative workforce. To enhance quality of ed skill development process should be implemented simultaneously. Policy should be framed and impn in this regard and also huge awareness campaign should be taken to implement the policy. Indian eo now trillion dollar economy. After introducing significant reforms infinancial sector, we have improvede and stability in our economy. As per most economists we will achieve double digit growth in next 15· But at the same time we have to see whether this growth will be more sustainable and more inciusi paper attempts a study of skill development to facilitate higher growth in economy. Knowledge, s technology of our young population is the backbone of our economy. Keywords: Skill development, Economic Growth. Introduction: In post reform period Indian economy shows improvement in financial system. After introduc reforms in financial sector in 1991, Indian economy shows rapid growth. With a view to achieve hig rate, Indian economy has to face challenges like sustainable development, inclusive growth, financial inadequacy of capital, etc. To cope up with these challenges we have to focus on our young popul workforce should be more qualitative and productive. Meaning: Skills development is the process of identifying your skill gaps, and developing and honing t It is important because your skills determine your ability to execute your plans with success. Ex: carpenter trying to build a house. Objectives of the Study: The new programme aims at providing training and skill development to 500 million youth ofou by 2020, covering each and every village. The main goal is to create opportunities, space and seo development of the talents of the Indian youth and to develop more of those sectors which have alre put under skill development for the last so many years and also to identify new sectors for skill deve Various schemes are also proposed to achieve this objective: 1.
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