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Liberalisation, Privatisation And Globalisation : An Appraisal
What are the expectations from WTO in world trade?
The World Trade Organisation (WTO) was founded in 1995 as the successor organisation to the General Agreement on Tariffs and Trade. WTO is expected to establish a rule based trading regime in which member countries cannot place arbitrary restrictions on trade. The purpose was to enlarge production and trade of services to ensure optimum utilisation of world resources and to protect environment. The WTO agreement covers trade in goods and services both through removal of tariff as well as non-tariff barriers and providing greater market access to all member countries.
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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?
What was the level of foreign exchange reserves in 1991?
State the reasons for slow growth of private sector before 1991.
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