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Liberalisation, Privatisation And Globalisation : An Appraisal
Differentiate between policy of restriction and policy of liberalisation.
Liberalisation : It means removing unnecessary trade restrictions and making the economy more competitive. New economic policy liberated the private sector from strict control and licensing.
Restriction : If restrictions are imposed on economic activities by government policies, it is called the policy of restriction. No real economy is completely free of restrictions when these restrictions are removed.
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When was WTO founded?
What is liberalisation?
What is privatisation?
What is the meaning of globalisation?
Why did the New Economic Policy emphasize a shift towards private sector?
Why was the rate of growth of private sector industries slow before 1991?
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?
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