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Daily Lecture Series Ramesh Singh's A brief Summary of1 unacadeny By Aartee Mishra Indian-Economy Economic Reforms-B ind
Comprehensive course of Art and Culture with Brief Indian History Comprehensively cover entire Art and Culture with Brief History Aartee Mishra of India Elaborately explain topics 24 detailed lessons covering all the essential topics related to History UPSC Civil Services Prelims and Mains Examination otho Art and Culture with Brief History from NCERT books Medieval History, Art & Culture from Tamil Nadu History book Course Starting from 18h June, ruam-12pm on At the end of the program adept and able to solve the exam Unacademy Plus based test papers
l am Aartee Mishra Graduated from Delhi University, Topper in all my semesters, Pursuing P.G and preparing for CSE. You can findall my courses at https:/unacademy.com/userIranianmishra2011 Also by Downloading the Unacademy Learning app from the Google Playstore
Liberalization The economic liberalization in GDP GROWTH India refers to the economic liberalisation, initiated in 1991, of the country's economic policies, with the goal of making the economy more market and service- oriented and expanding the role of private and foreign investment Specific changes include a reduction in import tariffs, deregulation of markets, reduction of taxes, and greater foreign investment 12.0% 6000.0 5000.0 4000.0 10.0% 80% 3000.0 tu, 6,0% un 4,0% 2000.0 1000.0 0.0 2.0% 0.0% GDP GDP Growth Rate
Privatization The policies through which the 'roll back' of the state was done included deregulation, privatisation and introduction of market reforms in public services. Privatisation at that time was used as a process under which the state assets were transferred to the private sector Privatisation in its purest sense and lexically means denationalisation,20 i.e., transfer of the state ownership of the assets to the private sector to the tune of 100 per cent > The sense in which privatisation has been used is the process of disinvestment all over the world. This process includes selling of the shares of the state-owned enterprises to the private sector
Privatization The third and the last sense in which the term privatisation has been used around the world, is very wide. Basically, all the economic policies which directly or indirectly seem to promote the expansion of the private sector or the market (economy) have been termed by experts and the governments as the process of privatization Globalization The official meaning of globalisation for the WTO is movement of the economies of the world towards "unrestricted cross border movements of goods and services, capital and the labour force" Now we may connect the three simultaneous processes-the LPG with which India launched its reform programme The process of liberalization shows movement of the economy towards the market economy, privatization is the path/rout to realize the ultimate goal, i.e., globalization. 35 e through which it will travel
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