presentation

1. IMPACT ON ECONOMY
● Economic Growth :
dismantling of industrial licensing and permit raj, removal of trade barriers, and opening up of
various sectors to private investment
● Foreign Direct Investment (FDI) Inflows :
liberalization of sectors such as manufacturing, infrastructure, telecommunications, and retail
● Industry and Services Sector Growth :
Deregulation and opening up of industries allowed for increased competition, improved
efficiency, and the entry of new players
● Trade and Global Integration
Trade liberalization measures, reduction in tariffs, and removal of quantitative restrictions
encouraged international trade and increased exports

2. ● Technological Advancement and Innovation
With the entry of multinational companies and exposure to global markets, Indian businesses
adopted advanced technologies, improved production processes, and developed new products and
services
● Job Creation and Poverty Reduction
The expansion of industries, services, and the entrepreneurial ecosystem
● Financial Sector Reforms
The liberalization of the banking sector, entry of private banks, and the development of capital
markets
● Urbanization and Infrastructure Development
Investments in sectors such as roads, ports, airports, and telecommunications