This article provides information about the impact of privatisation on Indian economy: Along with the liberalisation of the economy in the 1980s the neo-liberals of the U.K. and the U.S. also advocated the privatisation of industries and services to make enterprises more competitive and efficient so as to meet the challenges of the global economy.
Category: Economics
Economical and Political Circumstances in India that Led to Adopt Economic Structured Programme
This article provides information about the economical and political circumstances in India that led to adopt the economic structured programme: According to Ghosh, liberalisation means, “reducing government regulation of economic activity and the space for state intervention (except in the all- important matter of guaranteeing private property rights) and allowing for the unfettered operation of… Continue reading Economical and Political Circumstances in India that Led to Adopt Economic Structured Programme
Measures Carried out by the Government, to Counter the Inflation, Fiscal and the Trade Deficit in 1991
This article provides information about the different recovery measures planned out by the govt, to counter the inflation, fiscal and the trade deficit: In the aftermath of the 1991 oil shock that was followed by Kuwait invasion by Iraq were, the immediate tasks at hand – reduce inflation, cut fiscal and trade deficit, increase forex… Continue reading Measures Carried out by the Government, to Counter the Inflation, Fiscal and the Trade Deficit in 1991