What Are the Essential Features Of: A Liberalisation, B Privatization and C. Globalisation? Business Studies

Contents About Privatization Impact of globalization Features of liberalization To resolve the balance of payments crisis, the rupee was devalued against foreign currencies What is liberalization? In India, economic liberalisation is initiated in 1991 with the goal of making the economy more market-oriented and expanding the role of private and foreign investment. In simple words, …

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