Economy, asked by amarjeetkumar4293, 1 year ago

How many times financial emergency was imposed?

Answers

Answered by Kuhu2004
1
A state of emergency in India refers to a period of governance under an altered constitutional setup that can be proclaimed by the President of India, when he/she perceives grave threats to the nation from internal and external sources or from financial situations of crisis. Under the advice of the cabinet of ministers and using the powers vested in him/her largely by Part XVIII of the Constitution of India, the President can overrule many provisions of the constitution, which guarantee fundamental rights to the citizens of India and acts governing devolution of powers to the states which form the federation. In the history of independent India, there were three periods during which a state of emergency was need to have existed.

Between 26 October 1962 to 10 January 1968 during the India-China war — "the security of India" having been declared "threatened by external aggression".Between 3 December 1971 to 21 March 1977 originally proclaimed during the Indo Pakistan war, and later extended along with the third proclamation — "the security of India" having been declared "threatened by external aggression".Between 25 June 1975 to 21 March 1977under controversial circumstances of political instability under Indira Gandhi's prime ministership — "the security of India" having been declared "threatened by internal disturbances".

The phrase Emergency period used loosely, when referring to the political history of India, often refers to the third and the most controversial of the three occasions.

The President can declare three types of emergencies:

National emergencyState emergencyFinancial emergency..
.
Plz mark as brainliest ✌☺
Similar questions