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52-552: Bokaro may refer to: Bokaro Steel City , an industrial city in Jharkhand, India Bokaro district , in Jharkhand, India Bokaro (Thermal) , a census town of Bokaro in Jharkhand, India Bokaro (Vidhan Sabha constituency) Bokaro River , a river in the Indian state of Jharkhand West Bokaro Coalfield East Bokaro Coalfield Bokaro Thermal Power Station B Topics referred to by

104-489: A title or a certificate of ownership. The rights to a property may be transferred from one "owner" to another. A transfer tax is a tax on the passing of title to property from one person (or entity) to another. An owner may request that, after death, private property be transferred to family members, through inheritance . In certain cases, ownership may be lost to the public interest. Private real estate may be confiscated or used for public purposes, for example, to build

156-574: A Cryogenic Air Separation Unit (ASU) at the Steel Authority of India’s (SAIL) Bokaro plant. SAIL - POSCO JV Steel Plant: Steel minister Sri Virbhadra Singh has announced another new steel plant for Bokaro as part of a joint venture with Posco and SAIL by using FINEX technologies for high quality steel. The capacity of the plant will be 1.5 mt, establish in BSP periphery of 500 acres (2.0 km ). Bharat Petroleum Corporation Limited - BPCL will set up

208-457: A LPG bottling plant and POL (petroleum, oil and lubricants) terminal in Bokaro, the foundation stone of which was laid on 11 August 2019. Software Technology Parks of India - STPI will set up an IT Park . The nearest commercial airport is at Ranchi , named Birsa Munda Airport , at a distance of 120 km. Bokaro Airport is an unserviced airport with no scheduled commercial flights. However,

260-408: A bundle is composed of a set of rights that allows the owner of the asset to control it and decide on its use, claim the value generated by it, exclude others from using it, and the right to transfer the ownership (set of rights over the asset) of it to another holder. In Marxian economics and socialist politics, a distinction is made between "private property" and " personal property ". The former

312-517: A component of the development of a post-capitalist economic system . In response to the socialist critique, the Austrian School economist Ludwig Von Mises argued that private property rights are a requisite for what he called "rational" economic calculation and that the prices of goods and services cannot be determined accurately enough to make efficient economic calculation without having clearly defined private-property rights. Mises argued that

364-448: A given period. Marx's conception of private property has proven influential for many subsequent economic theories and for communist , socialist , and anarchist political movements, and led to the widespread association of private property—particularly private property in the means of production —with capitalism . Private property is a legal concept defined and enforced by a country's political system . The area of law that deals with

416-655: A height of 1,070 metres (3,510 ft). The East Bokaro Coalfield located in the Bermo - Phusro area and small intrusions of Jharia Coalfield make Bokaro a coal rich district. In 1965, one of the largest steel manufacturing units in the country, Bokaro Steel Plant , operated by Steel Authority of India Limited , was set-up at Bokaro Steel City. The Damodar Valley Corporation established its first thermal power station at Bokaro (Thermal) . The 5 kilometres (3.1 mi) long, 55 metres (180 ft) high earthfill dam with composite masonry cum concrete spillway, Tenughat Dam , across

468-496: A road. The legal framework of a country or society defines some of the practical implications of private property. There are no expectations that these rules will define a rational and consistent model of economics or social system. Although contemporary neoclassical economics —currently the dominant school of economics—rejects some of the assumptions of the early philosophers underpinning classical economics, it has been argued that neoclassical economics continues to be influenced by

520-498: A social relationship in which the property owner takes possession of anything that another person or group produces with that property and capitalism depends on private property. The socialist critique of private ownership is heavily influenced by the Marxist analysis of capitalist property forms as part of its broader critique of alienation and exploitation in capitalism. Although there is considerable disagreement among socialists about

572-424: A socialist system, which by definition would lack private property in the factors of production, would be unable to determine appropriate price valuations for the factors of production. According to Mises, this problem would make rational socialist calculation impossible. In capitalism , ownership can be viewed as a "bundle of rights" over an asset that entitles its holder to a strong form of authority over it. Such

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624-425: A total population of 563,417, of which males were 299,232 and females 264,185. Bokaro Steel City Urban Agglomeration is composed of Bokaro Steel City ( Census Town ), Chas ( Nagar Nigam ) and Bandhgora (CT). The UA had an effective literacy rate (7+ population) of 84.87%, with male literacy of 92.27% and female literacy of 76.50%. A new metropolitan area of Bokaro has been planned named Greater Bokaro and population

676-475: A village during the time of Mughals and Sultanates. The nearby cities of Purulia was ruled by Maharaja of Kashipur. Manbhum region also covered Bokaro which was ruled by Mughal and Sultanates. After independence, it became a part of Bihar state. Bokaro Steel City is the headquarters of the Bokaro District as well as Koylanchal range ( Bokaro , Dhanbad and Giridih ) and is also one of the headquarters of

728-412: Is another name for monopoly and can hamper allocative efficiency. Through the use of taxation and modified Vickrey auctions , they argue that partial common property ownership is a more efficient and just way to organize the economy. The justifications for private property rights have also been critiqued as tools of empire that enable land appropriation. According to academic commentator Brenna Bhandar,

780-561: Is being done in Sector-12 for new bus stand. National Highway-18 (old NH-32) and National Highway-23 which is a 4-laned till Purulia . Among the educational facilities it had 43 primary schools, 44 middle schools, 45 secondary schools, 22 senior secondary schools, 3 general degree colleges. Bokaro Ispat Vidyalayas are a set of schools in the city of Bokaro is run by the Education Department of Bokaro Steel Limited. Notable schools in

832-594: Is defined and enforced by a country's political system . The first evidence of private property may date back to the Babylonians in 1800 BC, as evidenced by the archeological discovery of Plimpton 322 , a clay tablet used for calculating property boundaries. However, written discussions of private property were not seen until the Persian Empire, and emerged in the Western tradition at least as far back as Plato . Before

884-470: Is defined as the means of production about private ownership over an economic enterprise based on socialized production and wage labor whereas the latter is defined as consumer goods or goods produced by an individual. Prior to the 18th century, private property usually referred to land ownership . Private property in the means of production is the central element of capitalism criticized by socialists. In Marxist literature, private property refers to

936-485: Is different from Wikidata All article disambiguation pages All disambiguation pages Bokaro Steel City Bokaro , officially known as Bokaro Steel City ( pronunciation ), is a large and planned city in Jharkhand , India . It is the fourth most populous city in the state and one of the first planned cities of India. Bokaro is the administrative headquarters of Bokaro district . The city

988-511: Is expected to be around 1,100,000. Bokaro Steel City had a population of 413,934, of which males were 220,088 and females were 193,846. Population in the age range of 0-6 was 48,834. The effective literacy rate (7+ population) was 84.94%, with male literacy of 92.35% and female literacy of 76.54%. The major languages spoken are Hindi , Khortha , Urdu , Bengali , Santhali and Maithili with Hindi and Santali have official status and Urdu as second official language. A Russian colony

1040-454: Is located on the banks of Garga River and on the fringes of Bokaro river and is surrounded by hill ranges at Giridih and Ramgarh districts . It is one of the most peaceful cities in India. As per 2011 census, the city's population was 563,417 and 1,100,000 of its metropolitan area. The city span across 183 km in geographic area. Marafari is the oldest settlement in Bokaro which was just

1092-548: Is operated by the South Eastern Railway of the Indian Railways , and provides connectivity to neighbouring states and major metropolitan areas such as Delhi , Kolkata , Mumbai and Chennai . Dhanbad-Bokaro-Ranchi-Jamshedpur Mega Industrial Corridor Expressway was completed till Bokaro in 2018 and Bokaro-Dhanbad expansion to 6 lanes was completed in 2022. Bokaro Bus Stand is a private bus stand and land acquisition

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1144-429: Is planned with avenues and residential areas as well as commercial areas. Bokaro was one of the first planned cities in the state of Jharkhand . Languages of Bokaro Steel City - CT (2011) According to the 2011 Census of India , Bokaro Steel City is the 86th largest urban agglomeration in India, and the 4th largest city in Jharkhand. According to the 2011 Census of India , Bokaro Steel City Urban Agglomeration had

1196-647: The Government of India has planned to connect Bokaro to the regional hub of Patna and an international airport in Kolkata through the UDAN regional airport development scheme, opening the airport up could see commercial flights by 2023. SpiceJet airline has been awarded under the second phase of the UDAN Scheme to cater unserved market of Bokaro.SpiceJet starts direct flight between Kolkata and Lilabari under UDAN scheme(however

1248-500: The labor theory of property . This stated that property is a natural result of labor improving upon nature; and thus by labor expenditure, the laborer becomes entitled to its produce. Influenced by the rise of mercantilism , Locke argued that private property was antecedent to and thus independent of government. Locke distinguished between "common property", by which he meant common land , and property in consumer goods and producer-goods. His chief argument for property in land ownership

1300-413: The working population by their claim to ownership in the form of stock or private equity. This exploitative arrangement is perpetuated due to the structure of capitalist society. Capitalism is regarded as a class system akin to historical class systems like slavery and feudalism . Private ownership has also been criticized on non-Marxist ethical grounds by advocates of market socialism . According to

1352-408: The 17th and 18th centuries, accompanied efforts in philosophy and political thought—by Thomas Hobbes (1588–1679), James Harrington (1611–1677) and John Locke (1632–1704), for example—to address the phenomenon of property ownership . In arguing against supporters of absolute monarchy , John Locke conceptualized property as a "natural right" that God had not bestowed exclusively on the monarchy:

1404-451: The 18th century, English speakers generally used the word "property" about land ownership . In England , "property" came to have a legal definition in the 17th century. Private property defined as property owned by commercial entities emerged with the great European trading companies of the 17th century. The issue of the enclosure of agricultural land in England, especially as debated in

1456-595: The Damodar River, is operated by the Government of Jharkhand. The average annual rainfall is 1,291.2 millimetres (50.83 in). The soil is generally infertile and agriculture is mostly rain-fed. Bokaro Steel City is located at 23°40′N 86°09′E  /  23.67°N 86.15°E  / 23.67; 86.15 . The city stands at an elevation of 210 metres (690 feet) above sea level and has an urban area of 183 square kilometres (71 square miles ). Bounded on

1508-485: The Police IG zone, apart from Ranchi and Dumka , covering seven districts- Hazaribagh , Dhanbad , Giridih , Koderma , Chatra , Bokaro , and Ramgarh ( North Chotanagpur Division ). Bokaro has emerged as a commercial, industrial, healthcare, sports, educational and startup hub. It is India's first global active city (GAC). Private property is absent in the city, with all property being public-owned . Despite this,

1560-472: The airport is still not operable in 2024 ) Bokaro Steel City railway station lies at the edge of the Jharia Coalfield and serves the residents of Bokaro and the surrounding mining-industrial area. It is a A-category railway station, with amenities including escalators, A.C waiting rooms, a food court, charging points, a foot over-bridge, and computerised ticket reservation counters. The railway station

1612-424: The city are - Adarsh Vidya Mandir , Chinmaya Vidyalaya , DAV Public School , Delhi Public School , Guru Gobind Singh Public School , Holy Cross School, Bokaro and St. Xavier's School . Private property Private property is foundational to capitalism , an economic system based on the private ownership of the means of production and their operation for profit . As a legal concept, private property

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1664-737: The city has a cosmopolitan culture with people belonging to different ethnicity from South India as well as North India , representing its unique attributes, giving the city the character of Mini India while having heavy an influence of Bihari and Bengali culture. The city hosts tourist spots such as Jawaharlal Nehru Biological Park , Pindrajora , Tenughat Dam etc. It has multiple big corporations operating such as Steel Authority of India , Bharat Coking Coal Limited , Bharat Petroleum Corporation Limited , Damodar Valley Corporation , Oil and Natural Gas Corporation , INOX Group , Jaypee Cement , Orica , Vedanta Resources , Dalmia Cement , Electrosteel Castings and various other industries. It lies on

1716-477: The east by Dhanbad and Purulia , on the west by Ramgarh and Hazaribagh , on the north by Giridih and on the south by Ranchi . It is accessible through National Highway NH 320 & NH-18 . The city has the total area of 183 km. It includes the suburban area of Chas Municipal Corporation. There are many national highways crossing the city of Bokaro. Each sector has shopping centres, playgrounds, schools, recreational areas and health centres as entire city

1768-466: The economist James Yunker, the ethical case for market socialism is that because passive property income requires no mental or physical exertion on the part of the recipient, and its appropriation by a small group of private owners is the source of the vast inequalities in contemporary capitalism, social ownership in a market economy would resolve the major cause of social inequality and its accompanying social ills. Weyl and Posner argue that private property

1820-533: The extent to which an owner will be able to exercise rights over the same. The rights to private property often come with limitations. For example, local government may enforce rules about what kind of building may be built on private land ( building code ), or whether a historical building may be demolished or not. Theft is common in many societies, and the extent to which central administration will pursue property crime varies enormously. Some forms of private property are uniquely identifiable and may be described in

1872-411: The form of government". Smith further argued that civil government could not exist without property, as the government's main function was to define and safeguard property ownership. In the 19th century, the economist and philosopher Karl Marx (1818–1883) provided an influential analysis of the development and history of property formations and their relationship to the technical productive forces of

1924-413: The government requests that owners pay for the privilege of ownership. A property tax is an ad valorem tax on the value of a property, usually levied on real estate . The tax is levied by the governing authority of the jurisdiction in which the property is located. It may be imposed annually or at the time of a real estate transaction , such as in real estate transfer tax . Under a property-tax system,

1976-429: The government requires or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value. The four broad types of property taxes are land , improvements to land (immovable human-made objects, such as buildings), personal property (movable human-made objects), and intangible property . The social and political context in which private property is administered will determine

2028-517: The land will be put to productive use and its value protected by the landowner . If the owners must pay property taxes , this forces the owners to maintain a productive output from the land to keep taxes current. Private property also attaches a monetary value to land, which can be used to trade or as collateral . Private property thus is an important part of capitalization within the economy . Socialist economists are critical of private property as socialism aims to substitute private property in

2080-586: The language implemented in property legislation dictates colonized peoples as unable to effectively own and utilize their land. It is suggested that personal rights are interchangeable with property rights, therefore communities that utilize communal methods of land ownership are not equally validated by private property ideals. It is also argued by critical race theorist Cheryl Harris that race and property rights have been conflated over time, with only those qualities unique to white settlement recognized legally. Indigenous use of land, focusing on common ownership,

2132-430: The legacy of natural moral theory and the concept of natural rights , which has led to the presentation of private market exchange and private property rights as "natural rights" inherent in nature. Economic liberals (defined as those who support a private sector -driven market economy) consider private property to be essential for the construction of a prosperous society. They believe private ownership of land ensures

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2184-447: The means of production for social ownership or public property . Socialists generally argue that private property relations limit the potential of the productive forces in the economy when the productive activity becomes a collective activity, where the role of the capitalist becomes redundant (as a passive owner). Socialists generally favor social ownership either to eliminate the class distinctions between owners and workers and as

2236-571: The medical facilities, it had 9 hospitals (with 1,200 beds), 2 dispensaries, 2 health centres, 1 family welfare centre, 1 maternity and child welfare centre, 1 maternity home, 5 nursing homes (with 120 beds), 30 medicine shops. It had 1 polytechnic, 2 recognised shorthand, typewriting and vocational training centres, 1 non-formal educational centre (Sarva Siksha Abhiyan). Among the social, recreational and cultural facilities it had 2 stadiums, 3 cinema theatres, 8 auditorium/ community halls, 9 public libraries, 9 reading rooms. An important commodity it produced

2288-633: The mineral-rich Chota Nagpur Plateau and a Coal Bed Methane(Gas) reserves of 45 billion cubic metres. It has one of the most important coalfields of India in nearby areas which are Jharia , Kulti , West Bokaro , East Bokaro and Ramgarh . Bokaro district consists of undulating uplands on the Chota Nagpur Plateau with the Damodar River cutting a valley right across. It has an average elevation of 200 to 540 metres (660 to 1,770 ft) above mean sea level. The highest hill, Lugu Pahar, rises to

2340-432: The region. Bokaro Steel Plant expansion to extend its capacity from 4.5 million metric tons to 7.5 million metric tonnes in 2010-2011. Vedanta Electrosteel Castings Limited - A Kolkata-based water pipe manufacturer acquired 2,500 acres (10 square kilometres) of land 18 kilometres (11 miles) from the city and has erected its 2.2 MTPA steel plant. The company has invested close to Rs 80 Bn (US$ 1.6 Bn) on this project which

2392-448: The same term [REDACTED] This disambiguation page lists articles associated with the title Bokaro . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Bokaro&oldid=1079930685 " Categories : Disambiguation pages Place name disambiguation pages Hidden categories: Short description

2444-465: The subject is called property law . The enforcement of property law concerning private property is a matter of public expense. Defence of property is a common method of justification used by defendants who argue that they should not be held liable for any loss and injury that they have caused because they were acting to protect their property . Courts have generally ruled that the use of force may be acceptable. In many political systems,

2496-446: The validity of certain aspects of Marxist analysis, the majority of socialists are sympathetic to Marx's views on exploitation and alienation. Socialists critique the private appropriation of property income because such income does not correspond to a return on any productive activity and is generated by the working class , it represents exploitation. The property-owning (capitalist) class lives off passive property income produced by

2548-632: Was located in the city housing Soviet communities. Kannada, Tamil, Malayalam and Telugu speaking and various other South Indian communities also settled in the city. According to the District Census Handbook 2011, Bokaro , Bokaro Steel City covered an area of 162.91 km . Among the civic amenities, it had 415 km roads with both open and closed drains, the protected water supply involved tapwater from treated and untreated sources, overhead tank, service reservoir. It had 67,083 domestic electric connections, 10,283 road lighting points. Among

2600-625: Was operational from 2010. ONGC Bokaro operates the Bokaro Coal Bed Methane (CBM) block BK-CBM-2001/1 with 80 per cent stake while the remaining 20 per cent is with Indian Oil Corp (IOC). It plans to invest ₨ 8.23 billion from 2017 to 2018 to achieve a peak production of 0.9 million standard cubic meters per day. Dalmia Cement Bharat Limited (DCBL) operates a 1.5 Million Tonne cement plant at Bokaro utilising slag supply from Bokaro Steel Plant. Inox Air Products , India’s largest manufacturers of industrial and medical gases, has

2652-492: Was steel products. It had the branch offices of 30 nationalised banks, 12 private commercial banks, 1 cooperative bank. The economy of the city is primarily dependent on the integrated steel plant established by Steel Authority of India . The Bokaro Steel Plant was established with the collaboration of Soviet Union when the First Prime Minister Jawahar Lal Nehru desired to establish a steel plant in

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2704-646: Was that it led to improved land management and cultivation over common land. In the 18th century, during the Industrial Revolution , the moral philosopher and economist Adam Smith (1723–1790), in contrast to Locke, distinguished between the "right to property" as an acquired right, and natural rights . Smith confined natural rights to "liberty and life". Smith also drew attention to the relationship between employee and employer and identified that property and civil government were dependent upon each other, recognizing that "the state of property must always vary with

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