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More foreign Direct Investment in Indian companies
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More earning of foreign currency for the government
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More export opportunities for the Indian companies
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More product choice for the Indian customers.
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More opportunities for the students going for higher sties, job seekers abroad, etc.
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Enhancing GDP
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Stronger Indian currency
Prof Swapan Garain P...
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When the globalisation in India took place?
After the liberalisation policy adopted by the GOI in 1991.
How is Trade union in era of liberalisation?
what is the view of trade union in the era of liberalisation
Merits and demerits of LIBERALIsation?
Merits of liberalization: It can lead to increased competition, innovation, and efficiency in industries, stimulate economic growth, attract foreign investment, and create more opportunities for consumers. Demerits of liberalization: It can result in job losses in certain sectors, widening income inequality, exploitation of labor, environmental degradation, and vulnerability to global economic shocks due to increased interconnectedness.
Liberalisation policy in India good or bad?
The liberalization policy in India began in 1991, with the goal of goal of making the economy more market-oriented. The policy also was designed to promote private and foreign investments. The economy has shown steady growth since India started the liberalization policy.
Does globalisation and liberalisation convey the same meaning?
lbm
What is the effect of the British establishing a railroad network in India?
the British government regulated the east India company's effect both in London and India
Why did RBI have to change its role from controller to facilitator of financial sector in India during 1991?
It is in tune with the policy of the government. Even now the role of the RBI has not changed from controller of the entities it regulates. What has changed is the policies of reserve bank of India which are based on terms of liberalisation proposed by the government,
What has been one effect of the traditional caste system in India?
What has been one effect of the traditional caste system in India?
What do you mean by liberalisation?
Liberalization denotes bureaucratic simplification, delicensing, privatisation and autonomy. Liberalization involves freeing prices, trade and entry from state controls. Liberalisation means all the things that liberal politicians are opposed to.
What has the author Darren Thomas written?
Darren Thomas has written: 'The liberalisation of telecommunications'
What effect did Mughal rule have on India?
Muslim culture dominated in parts of India.
A long-term effect of the caste system in India was that?
the caste system has perpetuated inequality and discrimination, leading to social stratification and limited upward mobility for individuals. It has also promoted a culture of exclusion and reinforced traditional hierarchy within Indian society.
