Indian costitution

part 1---Union and territory ( article 1-4)
part 2---Citizenship(article 5-11)
part 3---Fundamental rights(article 12-35)
part 4---Directive princiles of state(artiel 36-51a)(4A fundamental duties)
part 5---Indian Union(article 52-151)
part 6---Indian States(article 152-237)
part 7---States in B part( article 238)
part 8---Union Taritories(article 239-242)
part 9---panchayat system & muncipalites( article 243)
part 10--Scheduled and Tribal Areas( article 244)
part 11--Relation between the Union and State(article 245-263)
part 12--Finance, property, Contracts and Suits(article 264-300)
part 13--Trade and commerce within the territory of india(article 301-307)
part 14--servies under the union and states and tribunals(article 308-323)
part15--election(article 329)
part 16--Reservation( article 330-342)
part 17--Official languages(article 343-351)
part 18--Emergency provisions(article 352-359)
part 19--Misellaneous(article 361-367)
part 20--Amendments of constitution(article 368)
part 21--Temporary Transitional and Secial provisions( article 369-391)
part 22--short title, dates of commencement ,Athoritative text and repleas (article 393-395)

Preamble of Indian Consti

The preamble of Indian constitution goes like this
"WE, THE PEOPLE OF INDIA, having solemnly resolved to constitute India into a SOVEREIGN SOCIALIST SECULAR DEMOCRATIC REPUBLIC and to secure to all its citizens:
JUSTICE, social, economic and political;
LIBERTY of thought, expression, belief, faith and worship
EQUALITY of status and of opportunity;
and to promote among them all FRATERNITY assuring the dignity of the individual and the unity and integrity of the Nation;
N OUR CONSTITUENT ASSEMBLY this twenty-sixth day of November, 1949, do HEREBY ADOPT, ENACT AND GIVE TO OURSELVES THIS CONSTITUTION. [1] "

It was initially consider not to be a part of constitution and can't be legally forced in law of court.
But in 1974 ''Kesavananda Bharati v. State of Kerala'' case supreme court has changed this notion

"SOCIALIST" and "SECULAR" were not actually in the premeable. It was later added in 42the amendment in 1976.

inflation :followed

I know everyone of you can see n number of disadvantages of Inflation.
But some ecomonist find a mild level of inflation healthy than Deflation
The rationale behind this thought is that.

-> If there is deflation the value of money will Increase. That mean if you have Rs100 today it will worth more than that in future. Hence nobody will be interested in investing. Rather they will try to have a bigger deposit which will yield them more in the future. Its the mild inflation that will push them for investment rather than just putting it in the bank. I dont think i need to explain the advantage of more investment in the prospect of a contries economy.

->Renegotion of price and wages is easier. Once it a price(or wage) is increased its difficult to decrease it again to the previous value though the conditions of previous value are restored. Like incase of increase in the bus fair. Once the petrol price increases bus faire increases but when petrol price comes down its difficult to get the price of bus faire down.In this case Inflation take care of this automatically.

->It Gives RBI ammunition while supplying money to the market through the banks be setting the minimum interest rate

Inflation

Then how to know inflation has occured? Definitely we need a price index which will show if the cost of money has increased or decreased. There are many price indexes available .What india generally follows is the WPI(wholesale price Index). In price index instead of keep the value of money keeping constant economist have kept some group of comodities as the standard.You could have understood by now that increase in price index is actually inflation not decrease in price Index(because of the standardisation pattern).India sets 1993-94 price index(for the time being) as the the standard WPI.

Why inflation occurs?
Inflation will occur when the price index increase. That means the general price of comodities increase. Which inturn can happen in two ways That everone knows
->The cost of manufacturing the goods increases that means the wages and all those things increase. which is called the cost push inflation
->The availablity of goods is less .Means people are ready to pay more for the same thing. Hence it pulls the cost of the goods. which is called the Demand pull inflation.It may be caused due to over-avialability of money in the market.

There are some other factors also affecting it but not as much important.
But here you should mark one thing The comodities decieded to find WPI doesnot include services,I mean any kind of services. So bear it mind that only wage cost increase in agriculture or manufacturing can only affect inflation not our salaries.

One intersting fact about inflation is adding foreign money to the market decrease inflation. Sounds wrong. More money in the market means it should be more inflation. But actually if foreign money comes to indian market RBI by sterlistion(there different methods of it) takes out that much amount of Indian money from the market which actually causes a deflation rather than inflation in Indin Rupee.