Liberalization of india (nigam sir)

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Liberalization of india (nigam sir)

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Liberalization of india (nigam sir)

Presentation Transcript

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1. Presentation on LiberaLization of india Presented By Gaurav PatelTaxila Business School, Jaipur MBA+PGDBM (07877549750) 2. Introduction of Liberalization in India 1991 The Pre-liberalization Era Prior to
Prospects and challenges of foreign direct investment inflow in multi brand reta
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The Post Liberalization Era -- The Present Era. Why Did it In 1991, India Faced a Balance of Payments Crisis. It
India macroeconomic indicators
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Start.????

had to Pledge its Gold to Foreign Countries.

It was a deal with The IMF.

4
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Then PM of India, P V Narsimha Rao Knew that It was time for Some Bold Decision. 3. History of Liberalization in India-: July 1991,India has taken a series of The new
4
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measures to structure the economy and improve the BOP economic policy introduced changes in several areas.

The policy have

salient feature which are-:1) Liberalization (internal and external)2) Extending Privatization3) Globalization of the economyWhich are known as LPG. (liberalization privatization globalization) 4. Economic Liberalization in India It means the process of opening up of It Till
Stock Market Liberalization, Economic Reform, and Emerging ...
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the Indian economy to tradeand investment with the rest of the world. means that opening the Door for doing Business to all over theworld.

1991 India had a import protection policy wherein trade with therest of the world was limited to exports. Foreign investment was very difficult to come After the start of the economic
Figure 7.1
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into India due to abureaucratic framework.

liberalization, India started gettinghuge capital inflows and it has emerged as the 2nd fastest growingcountry in the world. 5. The Policies of Liberalization Included the Following... Trade and Investment. Opening the Gate for International
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Deregulation. (The removal of government controls

from an industryor sector, to allow for a free and efficient marketplace).

http://www.slideshare.net/GauravPatel4/liberalization-of-india-nigam-sir[04-04-2013 21:58:38]

Liberalization of india (nigam sir)

Initiation of Privatization.

Tax Reforms.

Inflation Controlling Measure. Increase in Employment. Development of

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6. Impact of Liberalization on Indian Economy-:

Arrival of New Technology or Development of Technology. Infrastructure. (INR). Lifestyle. Identity at World Level.

Increase Our Currency Value

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GDP Growth.

Increase Consumption and Adaptation of New Increment in Foreign Investor.

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Increment of Competition.

7. Advantages of liberalization investment.

Development of economy without capital Increase the foreign

Increase the foreign investment.

exchange reserve.

Increase in consumption and Control over price.

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Reduction in dependence on external commercial borrowings 8. Disadvantages of Liberalization dependence on foreign nations. 9. Privatization-: Privatization means transfer of ownership and/or Loss to domestic units. Increase

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management of an enterprise from the public sector to the private sector . Privatization is opening up of an industry that has been reserved for public sector to the private sector. Privatization means replacing government

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monopolies with the competitive pressures of the marketplace to encourage efficiency, quality and innovation in the delivery of goods and services. 10. Globalization-: It Means that opening up of the economy for foreign

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direct investment byliberalizing the rules and regulations and by creating favorable socio-economicand political climate for global business. and planning to expand business throughout the world. goods and services from/to any countries in the world. 11. Thank You.............--------------========== Opening

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Liberalization of india (nigam sir)

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