Liberalisation, Privatisation And Globalisation : An Appraisal
Do you think India has scope in handloom and handicrafts exports?
India is a developing country. It does not have the access to developed countries market because of high non-tariff barriers. Although all quota restrictions on export of textiles and clothing have been removed but the developed countries have not removed their quota restriction on import of textiles from India. On the other hand, the government started to reform the power sector. The most important impact of these reforms is high hike in power tariff. The impact of high tariff on power energy has been very serious. The power producers have failed in providing quality power to powerloom industry. The wages of the powerloom workers are linked to the production of cloth. Power cuts means cut in wages of weavers. This has led to crises in the livelihoods of the weavers. In such a situation, we cannot say that there is a scope in handloom exports.
Sponsor Area
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.
Discuss the industrial policy of 1991. How is it different from earlier policies?
Sponsor Area
Sponsor Area