This article provides information about the path of development taken by India since independence: The path to be followed for the development of any society cannot be easily determined and it requires a great deal of planning before deciding on that. In independent India, planning derives its objectives from the Directive Principles of State Policy… Continue reading Path of Development taken by India since Independence
Tag: Indian Economy
Overall Impact of Privatisation on Indian Economy
This article provides information about the overall impact of privatisation on Indian economy: As a part of privatisation of Public Sector Units (PSUs) disinvestment of equity was started in December 1991 and a Disinvestment Commission was set up during 1991 -92 for identifying PSUs for equity disinvestment and for suggesting modalities of disinvestment The pace… Continue reading Overall Impact of Privatisation on Indian Economy
Consequences of FDI and Globalisation of Financial Market on Indian Economy
This article provides information about the consequences of FDI and globalisation of financial market in Indian economy: Foreign Direct Investment (FDI) is money invested in production by a foreign party rewarded with part-ownership of production. Of the three important aspects of liberalisation – finance, trade and investment – financial liberalisation has been the most pronounced.