Liberalisation, Privatisation And Globalisation : An Appraisal
What are the causes of Globalisation?
The main causes of Globalisation are as follows:
(i) Rapid growth of research and development.
(ii) Removal of artificial barriers to the movement of goods, services and capital.
(iii) Spreadout of the manufacturing processes by the large companies.
(iv) Deregulation of money market.
(v) Improvement in communication media and information technology.
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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?
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?
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