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When and why was economic reform measures initiated in India?
Economic reform measures initiated in India as a result in an increase in liberalization. Attempts were made to make India more of a socialist society after 1991.
Who makes the economic decisions of India?
The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.
What is India's economic system?
Traditional Economy.
WHAT DO YOU MEAN BY NEW ECONOMIC POLICY?
The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.
Which policy of economic system has been adopted by India for its economic development?
mixed economy
Who proposed drain theory?
The "Drain Theory" was proposed by Dadabhai Naoroji, an Indian political leader and social reformer, in the 19th century. He argued that wealth was drained from India to Britain through colonial economic policies, leading to economic exploitation and underdevelopment in India.
Difference between England and India in Economic Success?
Because Englad is one part of the world and India is on the other part.
Who propounded the panchsheel principles?
The Panchsheel principles were propounded by India's first Prime Minister, Jawaharlal Nehru, and Chinese Premier Zhou Enlai in 1954 to guide the relationship between the two countries.
Why does England and India trade what they trade?
England and India trade based on their complementary economic strengths. England exports machinery, pharmaceuticals, and financial services, leveraging its advanced technology and industrial capabilities. Conversely, India exports textiles, software services, and agricultural products, capitalizing on its labor-intensive industries and growing tech sector. This exchange allows both countries to benefit from each other's resources and markets, fostering economic growth.
Economic growth of India in 2008?
economic growth of India in 2008
Functional theory of social change in India?
functional theory of social change in India
What was Columbus' theory about sailing East what was wrong with his idea?
He thought if he sailed East from England he'd reach India, but didn't expect to hit the Americas.
How is India different from England?
india is a verry hot courntry and in england there =====================================
Did England take ofter India?
No, England did not take over india
How many test series has India won against England in England?
India have won series against england in england 3 times.
What was England's relation to India?
England owned India as a colony a long time ago
Why has the economic progress of India been limited?
the overwhelmingly large population hinders the economic growth of india
