Preview

economic liberalisation

Satisfactory Essays
Open Document
Open Document
3345 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
economic liberalisation
Table of Contents Pre-Liberalisation age 2 Reason for Liberalisation 2 Liberalisation 3 Reforms taken during Liberalisation 3 Financial Sector Reforms 3 Industrial Sector Reforms 5 Trade Sector Reforms 6 Fiscal Sector Reforms 7 Challenges Ahead 8 Current India 14 Pre-LiberalisA PROJECT REPORT ON “Role of FDI & FII in Indian Economic Growth” SUBMITTED TOWARDS PARTIAL FULFILLMENT OF POST GRADUADTE DIPLOMA IN MANGEMENT (Approved by AICTE, Govt. of India) (Equivalent to MBA) ACADEMIC SESSION 2008 – 2010 [pic] Under the guidance of :Chapter - 4 Privatization in Indian Economic 4.1 4.2 4.3 Public Sector in the Indian Economy 4.1.1 Division of the Economy into Public and Private Sectors 4.1.2 Role of Public Sector in the Indian Economy 4.1.3 Problem of Public Sector Enterprise 4.1.4 Policy Towards Public SectoImpact of Global Financial Crisis on Indian Economy By S. Lalitha Mani Lecturer in Commerce A.Siva Kumar Head of Department in Commerce Dr. S.N.S. Rajalakshmi College of Arts and Science Saravanampatti, Coimbatore-641006 INTRODUCTION:- The financial crisis has been erupted in a comprehensiveImpact of Global Financial Crisis on Indian Economy By S. Lalitha Mani Lecturer in Commerce A.Siva Kumar Head of Department in Commerce Dr. S.N.S. Rajalakshmi College of Arts and Science Saravanampatti, Coimbatore-641006 INTRODUCTION:- The financial crisis has been erupted in a comprehensiveImpact of Global Financial Crisis on Indian Economy By S. Lalitha Mani Lecturer in Commerce A.Siva Kumar Head of Department in Commerce Dr. S.N.S. Rajalakshmi College of Arts and Science Saravanampatti, Coimbatore-641006 INTRODUCTION:- The financial crisis has been erupted in a comprehensiveImpact of Global Financial Crisis on Indian Economy By S. Lalitha Mani Lecturer in Commerce A.Siva Kumar Head of Department in Commerce Dr. S.N.S. Rajalakshmi College of Arts and Science Saravanampatti, Coimbatore-641006 INTRODUCTION:- The financial crisis has been erupted in a comprehensiveImpact of
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Stock Market Liberalization
    • 2456 Words
    • 8 Pages

    Stock Market Liberalization

    2. How should Jaguar’s shares be priced? Estimate the likely value of Jaguar’s equity in the following scenarios:…

    • 2456 Words
    • 8 Pages
    Good Essays
    Read More
  • Good Essays

    Economic Globalization
    • 663 Words
    • 3 Pages

    Economic Globalization

    It is a difficult task to provide a clear-cut judgment on whether economic globalization is beneficial to overall the world economy. We see more states joining the World Trade Organization (WTO). We also see protests where people roaring “down down WTO”. The reason why we see this phenomenon is that economic globalization is a two-edged sword. While providing new opportunities, economic globalization also means risking its own domestic economy. It is important to carefully examine both the benefits and harms of this two-edged sword.…

    • 663 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Attracting & Retaining Employees
    • 1079 Words
    • 5 Pages

    Attracting & Retaining Employees

    India was a traditionally managed, protected economy where industrial growth was largely fueled by the government sector.  1991-92: first spate of economic liberalisation  Process of adjustment to the free-market economy has been through ups and downs…

    • 1079 Words
    • 5 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Technology Transfer in India
    • 1085 Words
    • 5 Pages

    Technology Transfer in India

    The private sector in India is expected to fill in the void created by the slow withdrawal of the public sector after the liberalization policy in 1991. The growth rate has been diminishing and hence private investment is encouraged so as to boost profits. Private firms operate with a higher…

    • 1085 Words
    • 5 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Private Equity Funding in India – Issues and Challenges
    • 5969 Words
    • 24 Pages

    Private Equity Funding in India – Issues and Challenges

    Ever since Indian economy underwent series of reforms from 1991, there have been progressive steps in banking, finance, industry, investment climate, incomes, employment, legal environment, etc. India is shining with an average growth rate in GDP at about 9% pa. Investments from FIIs, increased FDI in several sectors, surging Foreign Exchange reserves, controlled inflation rate, deregulated interest rates, etc., have been witnessed in recent years. GOI recognizes the key role of FDI for economic development and as an important source of technology and global best practices. Capital Market has undergone dramatic changes, with SEBI as regulator, yielding returns to all segments of investors – retail or wholesale. Information Technology is playing a vital role in effective functioning of all the players.…

    • 5969 Words
    • 24 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Fdi in Banking Sector
    • 1493 Words
    • 6 Pages

    Fdi in Banking Sector

    India has sought to increase inflows of FDI with a much liberal policy since 1991 after decade's cautious attitude. The 1990's have witnessed a sustained rise in annual inflows to India. Basically, opening of the economy after 1991 does not live much choice but to attract the foreign investment, as an engine of dynamic growth especially in view of fast paced movement of the world forward Liberalization, Privatization and Globalization.…

    • 1493 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Industrial Policy of India , Critical Anaysis
    • 994 Words
    • 4 Pages

    Industrial Policy of India , Critical Anaysis

    it was the change away from India’s traditional industrial policy in 1991 towards liberalisation, de-regulation, and market orientation that ushered in a new era of faster economic growth and one which promises greater prosperity for the Indian people. To fulfil its promise, further liberalization is required both in India’s domestic economy and in its external economic relations (for example, further privatization, capital account liberalization, increasing foreign direct investment (FDI)).…

    • 994 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    India and China: Agonizing Rule of Monarchs and Feudalist Regimes
    • 501 Words
    • 3 Pages

    India and China: Agonizing Rule of Monarchs and Feudalist Regimes

    The democratic structure of the Indian polity and the concept of public-private-partnership, competition between the public and private sectors in healthcare, economic activities, food provisions, housing shelters, etc were aimed to give a boost to the economy. With the freedom of mobility all over the country for all, skilled and professionally equipped found better employment opportunities in various upcoming industries. Establishment of industrial houses, infrastructural developments like roads, rails, water management with the help of construction of dams etc became catalysts of growth in agriculture and industry alike.…

    • 501 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Project Report on Working Capital Managment
    • 796 Words
    • 4 Pages

    Project Report on Working Capital Managment

    Due to this, Government took the following measures for liberalisation of Industry in our country.…

    • 796 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Sez- Challenges Before Indian Economy
    • 4175 Words
    • 17 Pages

    Sez- Challenges Before Indian Economy

    Over the years it has been seen that the growth rate of the Indian economy, employment generation, improvement in the standard of living of the people has not been as expected. It was realized that foreign (and even domestic) investments in India were much lesser as compared to the much smaller South East Asian countries mainly due to multiplicity of controls and clearances, absence of world class financial infrastructure, etc. With a view to overcome the shortcomings experienced in attracting investments, increasing exports and accelerating economic growth the Special Economic Zones (SEZs) policy was introduced by the then NDA government in April 2000.…

    • 4175 Words
    • 17 Pages
    Good Essays
    Read More
  • Powerful Essays

    Detailed Analysis of Indian Economy
    • 5155 Words
    • 21 Pages

    Detailed Analysis of Indian Economy

    The economy of India is the eleventh largest in the world by nominal GDP and the third largest by purchasing power parity (PPP).The country is one of the G-20 major economies and a member of BRICS. After the independence-era Indian economy (before and a little after 1947) was inspired by the Soviet model of economic development, with a large public sector, high import duties combined with interventionist policies, leading to massive inefficiencies and widespread corruption. However, later on India adopted free market principles and liberalized its economy to international trade under the guidance of Manmohan Singh, who then was the Finance Minister of India under the leadership of P.V.Narasimha Rao the then Prime Minister who eliminated License Raj a pre- and post-British Era mechanism of strict government control on setting up new industry. Following these strong economic reforms and a strong focus on developing national infrastructure such as the Golden Quadrilateral project by Atal Bihari Vajpayee the then Prime Minister the country's economic growth progressed at a rapid pace with very high rates of growth and large increases in the incomes of people. It’s one of the fastest-growing economies in the world.…

    • 5155 Words
    • 21 Pages
    Powerful Essays
    Read More
  • Good Essays

    Bureaucracy and Liberalisation
    • 770 Words
    • 4 Pages

    Bureaucracy and Liberalisation

    After independence the newly emerged Indian State was characterized by the dominant role in all the spheres of society. It was a welfare state whose objective was to secure political, social and economic justice to all the sections of Indian population. The Westminister model of parliamentary democracy with universal adult franchise was adopted. In social field, various evils in the society were sought to be eradicated by the State. Untouchability was abolished and social reforms were undertaken. In the economic sphere, the state not only regulated the market, it also emerged as the major employer providing employment opportunities to the people. India adopted the policy of mixed economy/a powerful public sector was created. For Nehru, the public sector undertakings were the temples of modern India. Their objective was to assist in the rapid economic growth and industrialisation of the country. Over the years their number and investments have grown in size and quantity. While in 1951, there were five central public sector undertakings (PSUs) with an investment of Rs 29 crores, now there are as many as 243 enterprises with a total investment of Rs 1,78,628 crores. The private sector was also to play an important role in the mixed economy. However it was highly regulated and controlled economy as far as the private sector was concerned. Rightly it was called the licence-quota permit Raj. However the collapse of socialist political and economic system in earstwhile Soviet Union and other socialist states led to the emergence of a global economy which meant introducing competitive markets, liberalising foreign trade and opening up the economy for foreign investment. According to Marina Pinto "Liberalisation is the policy of removal of restrictions, trade barriers and protectionist measures to enable the free flow of capital, technology and services. It is generally seen in the context of globalization and privatization." In eighties…

    • 770 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Economic Liberalization
    • 4525 Words
    • 19 Pages

    Economic Liberalization

    1. The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy, Ronald Mckinnon: Johns Hopkins studies in Development.…

    • 4525 Words
    • 19 Pages
    Better Essays
    Read More
  • Good Essays

    About Economic Liberalisation
    • 4992 Words
    • 20 Pages

    About Economic Liberalisation

    The economic liberalisation in India refers to ongoing economic reforms in India that started on 24 July 1991. After Independence in 1947, India adhered to socialist policies. Attempts were made to liberalize economy in 1966 and 1985. The first attempt was reversed in 1967. Thereafter, a stronger version of socialism was adopted. Second major attempt was in 1985 by Prime Minister Rajiv Gandhi. The process came to a halt in 1987, though 1966 style reversal did not take place.[1] In 1991, after India faced a balance of payments crisis, it had to pledge 20 tons of gold to Union Bank of Switzerland and 47 tons to Bank of England as part of a bailout deal with the International Monetary Fund (IMF). In addition, the IMF required India to undertake a series of structural economic reforms.[2] As a result of this requirement, the government of P. V. Narasimha Rao and his finance minister Manmohan Singh (currently the Prime Minister of India) started breakthrough reforms, although they did not implement many of the reforms the IMF wanted.[3][4] The new neo-liberal policies included opening for international trade and investment, deregulation, initiation of privatization, tax reforms, and inflation-controlling measures. The overall direction of liberalisation has since remained the same, irrespective of the ruling party, although no party has yet tried to take on powerful lobbies such as the trade unions and farmers, or contentious issues such as reforming labour laws and reducing agricultural subsidies.[5] Thus, unlike the reforms of 1966 and 1985 that were carried out by the majority Congress governments, the reforms of 1991 carried out by a minority government proved sustainable. There exists a lively debate in India as to what made the economic reforms sustainable? [6]…

    • 4992 Words
    • 20 Pages
    Good Essays
    Read More
  • Powerful Essays

    Economic Globalisation
    • 2010 Words
    • 9 Pages

    Economic Globalisation

    Over the past seventeen years, the Irish economy has transformed from a sleepy, depressed backwater of the European Union to the “Emerald Tiger” (Inglis, 2008). A considerably lower rate of corporation tax increased Ireland’s attractiveness as a location for foreign direct investment and significantly contributed to the era of prosperity. As a result, the country witnessed rapid economic growth, low unemployment, immigration and fiscal stability. However, it is not unjust to state that current Ireland represents a shadow of its former self. National outrage at government policies has the country in a state of disarray. Therefore, one must pose the question, where did globalised Ireland go wrong?…

    • 2010 Words
    • 9 Pages
    Powerful Essays
    Read More

Related Topics