Get subscribed to our newsletter
Get interesting updates to your email inbox.
- Pakistan celebrates its Independence Day on August 14
- Pt. Jawaharlal Nehru delivered his speech ‘Tryst With Destiny’ to herald the beginning of a new India
- The decision of India’s date of independence was taken by then Viceroy Lord Mountbatten
New Delhi, August 15, 2017 : It was a Thursday unlike any other. India’s independence on August 15, 1947 marked more than just a date in historical records and text books. One date unchained almost one-fifth of the world’s population at the time from colonial rule.
You will come across numerous articles on the internet that will test you on things that you didn’t know about India’s independence. But this is not just another article on the internet and it is not what this article will do.
Instead, what this article will do is tell you five things that happened on this day that year; that is five things that happened on August 15, 1947 – a day that has been forever etched in history as the Indian Independence Day.
- The then Viceroy Lord Mountbatten pre-poned the date of Independence by an entire year
- The 1940s saw the awakening of the Indian masses, courtesy Mahatma Gandhi and Subhash Chandra Bose (by his contribution to the formation of the Indian National Army).
- By the end of the II World War in 1945, the British were financially weak. This mired them to run their own country, let alone the many colonies.
- Labour Party emerged victorious in the Britain elections (1945) which promised to grant independence to countries that were British colonies, including India.
Talks had already begun on the transfer of power, to overlook which Lord Mountbatten was appointed as the last Viceroy of the British Empire in February 1947.
According to the original plan, power was to be transferred from Britain to India in June 1948, but Jinnah’s demand for a partition instigated polarization and large scale violence in the territory. Thus, the inability and reluctance to control the warring citizens forced Lord Mountbatten to pre-pone the date of independence by almost a year, from 1948 to 1947.
- Pakistan chose to shift its date of Independence from August 15 to August 14
Even though Pakistan celebrates 14th August as its Independence Day, technically the day it achieved independence was the same as India, that is August 15th. This can be supplemented with the Independence of India Act which states “as from the fifteenth day of August, nineteen hundred and forty seven, two independent dominions shall be set up in India, to be known respectively as India and Pakistan.”
However, to commemorate Pakistan’s independence, this date was shifted to August 14 for which a variety of explanations are given,
- It is widely postulated that Lord Mountbatten delivered the King’s message of independence on August 14 in Karachi because of which the date is considered the official date of the declaration of Independence of Pakistan.
- Others believe that August 14 was the 27th day of Ramzan which made it an extremely auspicious day in Islam and hence favoring the choice.
- It is also believed that Lord Mountbatten was supposed to be a part of independence celebrations of both the countries. To ensure his attendance, Pakistan shifted the date to 14th.
This makes India and Pakistan twins, but with different birth dates.
- August 15 was the date of independence but Partition took place two days later
Contrary to popular belief, the activities at Delhi on August 15, 1947 went on very smoothly and two independent dominions emerged. However, the official announcement of the partition of these ‘two’ new countries was yet to be made.
Today, parts of Punjab are very well known to exist on both sides of the border dividing India and Pakistan. Being one of the biggest states of the time, it was expected to witness mass migrations upon partition. To keep things under control, a smart option would have been to announce the partition of the country before announcing independence to steer clear of any confusion and allow people to move to the country they wanted to live in.
But Lord Mountbatten refused to publish the new boundary guidelines before August 17. This was because the migration was sure to cause large scale chaos, crime and killings. If that happened before independence was announced, the British Raj would have had to hold responsibility.
Hence, the official announcement of the boundary was published on August 17, 1947 which means on the morning of August 15, the people of Punjab did not know whether they were living in India or in Pakistan.
- Despite succumbing to their rule for over 100 years, Indians bid a tender farewell to their departing colonizers
On the day of the Transfer of Power, while Hindus and Muslims continued to butcher each other in different parts of the country, a whole lot of them united to send-off British colonizers with warmth and affection. This can be supplemented by records from the Indian Army’s journal, Fauji Akhbar which described the events of the day :
“(The Governor-General) was acclaimed as no other Governor-General of India within living memory has been greeted. Cries of ‘Mountbatten Zindabad’ and ‘Lord Sahib Zindabad’ were heard.”
The reception at New Delhi, and eventually the farewell at Bombay given to the British troops and Lord Mountbatten was indeed very warm and overwhelming (not to forget very contradictory) as thousands of people chanted ‘England Zindabad’ and ‘Jai England’ for their ex-colonizers.
- There was no performance of the National Anthem on 15 August 1947
In the fifth session of the constituent assembly, as it struck midnight and Pt. Jawaharlal Nehru recited words that were to become history, India heralded a new beginning. Power was thus, transferred from Britain to India and ministers were sworn in. However, during the Indian independence ceremony, the national anthem was not sung.
Although Jana Gana Mana had been already written by Rabindranath Tagore in 1911, it was not officially adopted as the national anthem of India until 1950.
NewsGram is a Chicago-based non-profit media organization. We depend upon support from our readers to maintain our objective reporting. Show your support by Donating to NewsGram. Donations to NewsGram are tax-exempt.
Click here- www.newsgram.com/donate
By- Blogger Indifi
EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.
Three parameters based on which EMI calculator works:
- Loan amount.
- Repayment tenure.
- Rate of interest (offered by the lender).
Factors that affect the Loan EMIs
Above, we have discussed the main parameters on which loan EMI is based. Here are the factors that affect the EMIs.
Changes in the loan interest rate: There are three loan interest rates -- fixed, floating, and hybrid.
When an interest rate offered on a loan is fixed, in that scenario, there are no changes in the EMIs.
A floating interest rate is linked to the marginal cost of the fund-based lending rate and can change the loan EMIs. As the rate is flexible, it keeps changing per the repo rate.
Follow NewsGram on Facebook to stay updated.
If you have taken the loan on a hybrid interest rate, the interest rate is fixed only for a particular tenure. After that, it is on MCLR to decide the interest rate, and based on the determined interest rate, the EMI changes.
Tenure: When you opt for a loan transfer from one lender to another, there may be a possibility of change in the loan tenure. It will also bring changes in the EMI calculations. If the tenure increases, it will decrease the EMI. In case the tenure is reduced, EMI will increase.
Sample loan chart of a business company Image source: wikimedia commons
The loan amount of repayment is also a reason that affects a loan's EMI. If you make a loan prepayment, it reduces the outstanding principal amount, based on which the EMI amount or tenure is changed.
Benefits of using an online EMI calculator:
- Find out exact EMIs to be paid monthly for any loan.
- Saves time.
- Get a detailed overview of loans applied using the amortization schedule.
- Plan your monthly finances well in advance.
You can set multiple schedules and loan tenures. After a detailed schedule comparison, choose the one that suits well with your financial requirements.
Significance of loan amortization schedule in EMI calculator
A loan amortization schedule data shows the EMI break-ups. It shows how much EMI you need to pay for interest and what you will pay as the principal amount. It is one of the most significant advantages of using the EMI calculator. The EMIs that you pay as principal will keep reducing the loan's principal amount. It will also result in decreasing the interest amount. You will get to know all these things when you use the EMI loan calculator frequently. The amortization schedule is one of the essential features of an EMI loan calculator that helps design the proper prepayment schedule.
The different types of EMI calculators
Home loan EMI calculator
Home loans are one of the most popular and common loans applied for in India. It has a long tenure and a sizable principal amount. Whenever you apply for a home loan, it is essential to do all the EMI calculations in advance. There are various home loan EMI calculators available online with every home loan provider. All that is required to calculate the EMI is the loan amount, tenure, and interest rate. Using a home loan EMI calculator can help you easily plan your finances.
Business loan EMI calculator
Like home loans, business loans also come with a massive principal amount and longer tenures. So, using the business loan online EMI calculator is a smart way to calculate the business loan EMIs. Requirements are the essential loan details, such as repayment tenure, interest rate, and the loan amount. Online, equated monthly installment is automatically calculated at the lender's website.
Personal loan EMI Calculator
Personal loans are multipurpose. It is the reason they are considered as the most applied loan to meet immediate financial requirements. For choosing the right loan amount, you must use the personal loan EMI calculator. It will help you to choose the best interest rate loan offer and tenure. Try to go with the shorter term to pay less interest on the principal amount.
Sample of External Loan amounts Image source: wikimedia commons
Education loan EMI calculator
Education costs increase each year and can cause financial strains on a family. If you are planning to send your child overseas for higher education by applying for an education loan, at that time, the EMI calculator proves to be the best online financial tool. It will help you to decide the right EMI amount where your daily expenses remain unaffected.
Simple interest loan EMI calculator
An EMI calculator is used to calculate the simple interest applicable on the loan amount for a specified tenure. It is one of the most accessible financial tools. All that is required is tenure, a simple interest rate, and the borrowed amount. After that, click on 'calculate' to know the exact EMI to be paid.
Loan against property EMI calculator
If you have any residential or commercial property registered in your name, you can apply for a loan against the property. It is a kind of secured loan, where the property is kept as collateral. To understand how EMI works under this loan scheme, use the loan against the property EMI calculator.
Overall, EMI loan calculators are one of the best financial tools to compare varied loan offers. It provides a clear picture of the total cost of the loan and respective EMIs to be paid monthly. Online EMI calculators are available on every lender's website; whether you are applying for a business loan online, home loan, car loan, personal loan, or any other loan, using the online EMI calculator can help. Just with a click of a mouse, you can keep control of your financial life.
The online EMI loan calculator has been programmed with the formula based on the loan applied. There is no need to worry about the accuracy of the result. All that you are required to share for the calculator to do its job accurately is the right amount, tenure, and interest rate offered by the lender.
Disclaimer: (This article is sponsored and include some commercial links)
The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.
The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.
Austria, France, Latvia, Spain, Germany, and Russia are amongst the many countries that have banned the display and use of the Swastika.
Moreover, last week Victoria in Australia is preparing to become the first-ever state to ban the public display of the Swastika. This is a step towards an expansion of anti-vilification laws in the state.
Representation of the Swastika on the flag of Adolf Hitler's Nazi Movement.Photo by Flickr.
Now, we must know and understand what went wrong with this symbol, which is sacred and signifies all-good things.
For a very, very long time, in India, the Swastika is the first emblem that is worshipped or even drawn before any sacred and auspicious ceremonies as this symbol in Sanskrit represents 'well-being'. But, the Swastika lost all its credibility when it was wrongfully used by Adolf Hitler.
In fact, it is believed that if this symbol is worshipped properly, then it gives positive results. But if it is abused, then it gives negative results. So, when Adolf Hitler rotated the Swastika at 45 degrees, it slowly and steadily brought misery not only to Adolf Hitler and his theory of Nazism but also to all the people who were associated with him.
Therefore, in order to give the kind of respect and credibility which the Swastika deserves, World Interfaith Harmony Week which was held in New York in February this year, interfaith groups appealed to the United Nations to recognize and acknowledge the Swastika as an important and peaceful symbol. In fact, they also differentiated it from the Hakenkreuz or "Hooked Cross" of Adolf Hitler.
Keywords: Swastika, Symbol, Nazism, Hinduism, Adolf Hitler, United Nations, Buddhism, Jainism
India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.
Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.
In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018. | Wikimedia Commons
Chopra's first international medal came in 2014, as he took home a silver medal at the Youth Olympic Qualification Tournament in Bangkok. In 2015, he set a world record in the junior category of 81.04 meters in the 2015 All India Inter-University Athletics Meet.
Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance, setting an Under-20 world record of 86.48m, which still stands. Gold medals in both the 2018 Commonwealth Games and the 2018 Asian Games are among his other accomplishments, including a first-place in the 2017 Asian Championships. In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018.
Chopra has also had his share of bad events in life. In 2019, he underwent surgery on the elbow of his right throwing arm, which kept him out of the game for almost a year. However, he returned more robust than ever. In November 2019, he went to South Africa to train from Klaus Bartoneitz. He spent the following year in India training at the NIS Patiala because of the COVID-19 pandemic. He was allowed to go to France with his coach after weeks of trying to get a travel visa.
Neeraj Chopra made history in the 2020 Tokyo Olympics by becoming the first Indian to win a gold medal in athletics. Also, it is worth mentioning that after Abhinav Bindra, Chopra is only the second Indian to win an individual gold medal.
Keywords: Neeraj Chopra, Olympics, Tokyo2020, Gold medal, javelin, India, Haryana