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Liberalization: Presented By: Aman Baghel
Liberalization: Presented By: Aman Baghel
Liberalization of the economy means it’s freedom from direct or physical controls
imposed by the government. Prior to 1991, government had imposed layers of
control on private enterprises in the domestic economy. These included industrial
licencing system, price control or financial control of goods, import licence ,
foreign exchange control , restrictions on investment by big business houses, etc
Features of Liberalization
•Delicensing:
•Removal of Restrictions
•Foreign Exchanges Market reform :
•Liberalisation of Capital Market: .
•Development of Infrastructures
•Relaxation in Controlling Monopolies
•Industrial Location Policy Liberalised:
Reforms of Liberalization:-