A simple rule for setting interest rates with a view to keeping inflation stable.
The Swadeshi Movement was a turning point in the history of India. It was based on urge for positive action against the British. It signaled the ascendancy of extremists under Tilak in Indian politics. Repressive measures of government fueled militant nationalism which resorted to violence and gun-culture. It transformed Indian politics from prayer and petition to direct action. Boycott, passive resistance and mass agitation adorned nationalist politics. It gave a thrust to self reliance and self repect Swadeshi industries came up. Nationalistic spirit was reflected in establishment of national schools, educational and cultural institutions and revival of India glory. It gave a self proclaimed power and courage to Indians to fight against the British in future. It was the first mass movement in history of 20th century national politics.