• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
License permit raj
 

License permit raj

on

  • 463 views

License permit raj - Unitedworld School of Business

License permit raj - Unitedworld School of Business

Statistics

Views

Total Views
463
Views on SlideShare
463
Embed Views
0

Actions

Likes
0
Downloads
2
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    License permit raj License permit raj Presentation Transcript

    • THE LICENCE-PERMIT RAJ 1947 - 1990
    •  A term used to describe regulation of the private sector in India between 1947 and the early 1990s.  One needed the approval of numerous agencies in order to set up a business legally.  Result of a mixed economy that used a govt. planning commission established after independence.  The license raj was largely successful in the 1950s and after, but eventually lead to low rates of growth and investment.  India began to liberalize its economy in the 1980s ending the license raj.
    • Scenario  Political relations played as an effective factor in expansion  More Expansion in abroad as compared to India  Growing governmental intervention in the economy
    • Low enterprise creation  New enterprises founded during License-Permit Raj  Much fewer enterprise were launched than Nehru era.  Example- Nirma Group, Hinduja Brothers
    • Structural-Strategic Postures  Lack of significant development in structure and strategy  Business leaders were depended more on intuition and gut feeling than knowledge based understanding of the situation  Invested more in foreign collaboration than R&D and quality
    • The FERA, 1973  Intended to restrict the inflow of foreign capital into the country  MNCs were required to dilute their holdings to 40% in their Indian subsidiaries
    • Public sector  Huge increase in PSU than Nehru era.  Further expansion in acquiring private firms.  Lack of requisite autonomy and constant interference by the Ministries.  Limited success.  Creating employment opportunities for the sectors neglected by private firms.  Leads to losing the elan of License-Permit raj.
    • Video  The License-Permit Raj
    • Campus Overview 907/A Uvarshad, Gandhinag ar Highway, Ahmedabad – 382422. Ahmedabad Kolkata Infinity Benchmark, 10th Floor, Plot G1, Block EP & GP, Sector V, Salt-Lake, Kolkata – 700091. Mumbai Goldline Business Centre Linkway Estate, Next to Chincholi Fire Brigade, Malad (West), Mumbai – 400 064.
    • Thank You