Liberalisation, Privatisation And Globalisation : An Appraisal
What is the main reason of decreasing public expenditure during the last decade?
During the last decade after adopting the new economic policy public expenditure is decreasing. Due to the wave of privatisation the government is not investing in public sector enterprises. The government has realised that they do not have the resources enough to invest in the public enterprises. So the private sector is being encouraged and allowed to operate in the areas reserved exclusively for the public sector. Several public sector enterprises have been sold during the period 1991-2005. Disinvestment policy is in process. That is why the public expenditure is decreasing.
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What were the reasons behind incompetence of many Indian products and industries before 1991?
Before 1991 why did India face a serious balance of payment problem?
What was the main objective of delicensing?
Before 1991, MRTP Act inhibited the growth of industries. How?
State the steps taken by the government towards liberalisation under the New Economic Policy.
What is the meaning of disinvestment of Public Sector Units?
What does foreign direct investinent mean?
What does fiscal deficit indicate?
How did the government promote exports before 1991?
When was new economic policy adopted?
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