The document discusses India's transition to a liberalized, privatized, and globalized economy through the LPG model since 1991. It outlines the three pillars of liberalization, privatization, and globalization and how they have impacted key sectors in India like industry, finance, trade, and migration. It provides details on foreign direct investment and foreign institutional investment in India, describing their benefits and major investing countries and sectors. The summary discusses how economic reforms have transformed India from a socialist to a market-based economy and its implications.
Liberalization, Privatization, Globalization (Six Thinking Hat Technique) Syril Thomas
Six Thinking Hats is a system which describes a tool for group discussion and individual thinking involving six colored hats. "Six Thinking Hats" and the associated idea parallel thinking provide a means for groups to plan thinking processes in a detailed and cohesive way, and in doing so to think together more effectively.
In the further slides me and my team members will be explaining L.P.G (i.e. Liberalization, Privatization and Globalization) using the Six Thinking Hat Technique. The team would be more focusing on India and brushing up some parts of the world in our presentation.
Liberalization, Privatization, Globalization (Six Thinking Hat Technique) Syril Thomas
Six Thinking Hats is a system which describes a tool for group discussion and individual thinking involving six colored hats. "Six Thinking Hats" and the associated idea parallel thinking provide a means for groups to plan thinking processes in a detailed and cohesive way, and in doing so to think together more effectively.
In the further slides me and my team members will be explaining L.P.G (i.e. Liberalization, Privatization and Globalization) using the Six Thinking Hat Technique. The team would be more focusing on India and brushing up some parts of the world in our presentation.
Liberalization is a very broad term that usually refers to fewer government regulations and restrictions in the economy.
Privatization means transfer of ownership and/or management of an enterprise from the public sector to the private sector .It also means the withdrawal of the state from an industry or sector partially or fully.
Globalization implies integration of the economy of the country with the rest of the world economy and opening up of the economy for foreign direct investment by liberalizing the rules and regulations and by creating favorable socio-economic and political climate for global business.
Liberalization is a very broad term that usually refers to fewer government regulations and restrictions in the economy.
Privatization means transfer of ownership and/or management of an enterprise from the public sector to the private sector .It also means the withdrawal of the state from an industry or sector partially or fully.
Globalization implies integration of the economy of the country with the rest of the world economy and opening up of the economy for foreign direct investment by liberalizing the rules and regulations and by creating favorable socio-economic and political climate for global business.
Liberalization privatization and globalization LPG 1991 Shruti Kumari
Liberalization, Privatization and Globalization in India. The economy of India had undergone significant policy shifts in the beginning of the 1990s. This new model of economic reforms is commonly known as the LPG or Liberalisation, Privatisation and Globalisation model.
The New Economic Policy -1991
Liberalisation
Privatisation
Globalisation
Picture gallery
Bill Beach, director of The Heritage Foundations' Center for Data Analysis, argues that a flat income tax or a consumption tax would resolve the unfairness and economic distortion of the current tax code. He delivered this presentation on October 22, 2009 at a meeting sponsored by the Naples Committee for Heritage.
Focus India Group - INDIA, today, is an established land of opportunities acting as Credible Business Partner, Preferred Investment Destination, Rapidly Growing Market, Provider of Quality Business Infrastructure and Unprecedented High Growth Economy.
Focus India Group, FIG aims to effectively present the INDIA business perspective in the global marketplace at the same time developing and nurturing new opportunities for partnerships and investments into INDIA.
FIG facilitate organizations in Establishing, Partnering and Conducting business effortlessly in INDIA.
The Group's primary objective is to build positive economic perceptions of INDIA globally and assist businesses in “Leveraging the Brand called INDIA”.
A presentation on Corporate Ethics given in CGC GHaruan competition on a condition that slides should not have to be more than 10 and time to prepare was 1 hour and topics were given on the spot.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
1. PLANNING MODEL
AND
LIBERALISATION
PRIVATISATION
GLOBALISATION
MODEL
INDIA
Presented By: Pankaj Jain, Naketa Aggarwal, Jatin Gupta, Umesh Soni, Ravinder Sandhu
FA-1 (2010-2012) IIPM, Chandigarh
2. LPG
New Economic Policy of 1991 / Economic Reforms of 1991
Post Independence 1960’s – 1980’s 1990 onwards
1950’s
Government Control Economic Reforms
Adopted Socialism
brought in by then
Green Revolution P.M, Mr. P.V
Government Sector
Narsimha Rao and
then Finance
Increase in Exports
Minister Mr.
Manmohan Singh
Agriculture
Business Regulation
3. 1. LIBERALISATION INDUSTRIAL POLICY 1991
2. PRIVATISATION DISINVESTMENT
(50%-51% Transfer)
3. GLOBALISATION INTERNATIONAL TRADE
(Export & Import of goods)
INTERNATIONAL INTERNATIONAL
FINANCE MIGRATION
(FDI’s , FII’s) (International
students, Skilled workers
etc.)
4. FDI - is Foreign Direct Investments i.e. a foreign company
having a stake in a public sector undertaking in a country for
a long period and that company is called Multinational
Enterprise.
FII - is Foreign Institutional Investors, i.e, foreign Investment Bankers
like Goldman sachs, Merrill lynch, Lehman bros etc...investing in
indian markets......in other words buying indian stocks.....FII's
generally buy in large volumes which has an impact on the stock
markets...
5. Why FDI ?
Gain a foothold in a new
geographic market.
Increase a firm’s global
competitiveness and positioning.
Fill gaps in a company’s product
lines in a global industry.
Reduce costs in areas such as
R&D, production, and distribution.
6. Types of FDI Entry
Purchase of
New
existing Prior
investment Automatic
assets Permission
Route (FIPB)
Participation in
an international
joint-venture
6
7. Why INDIA
Second largestnaturalof software developers after the U.S.
Abundance of group resources
Has 6,500 companies on the at 300 million Exchange (only the NYSE has
lists a middle class estimated Bombay Stock out of a total population of 1
billion
more)
Destination forlargest economy & second largest pharmaceutical industry
World's fourth business process outsourcing, Knowledge processing etc.
Second largest English-speaking, scientific,8%
Growth over the past few years averaging technical and executive manpower
Low costs & Tax exemptions in SEZ Stability
Liberal, largest democracy, Political
Tax incentives for IT , business process outsourcing and KPO companies
Second largest emerging market (US$ 2.4 trillion)
Skilled and competitive labors force& D facilities in India
100 Fortune 500 companies have R
Highest rates of return on investment
8. FDI Investment Sectors
Cigar and cigarettes of tobacco
I.T
Coal, Roads & Highways
Oil & Energy
Diamond, Gold, Silver , Minerals
Power sector
Atomic minerals
Pharmaceuticals &
Electricity Chemicals
Hotel, hospitals
Atomic energy
Real state
Arms and ammunition
Mining
Lottery business
Mobile Sector
Betting and Gambling
Automobile
Aircraft and warships
Telecommunication
9. Major Investments
Companies Sector Investment
Wal mart,Marks Retail US$ 10 Billion
Intel Corp. I.T US$ 40 Billion
British & cairn Oil & Energy US$ 2 Billion
Essar power Power sector US$ 2 Billion
Toyota Automobile US$ 10.51 Billion
Panasonic Telecommunication US$ 200 million
10. “An institution established outside
India, which invests in securities traded on the
markets in India”
Investments made by residents of a country in
financial assets and production processes of
another country
Institutions like pension funds ,mutual funds,
investment trusts, asset management
companies,
nominees companies and incorporated
portfolio
managers
11. Where they can…
Under securities such as shares, debentures
and warrants issued by Indian companies
which are listed /to be listed on the Stock
exchange in India
The schemes floated by domestic mutual
funds, traded on the primary and secondary
markets.
In government securities including treasury
bills and debt securities of Indian companies.
12. ADVANTAGES OF FDI
Increase in Domestic Employment/Drop in Increased Productive efficiency
unemployment due to competition from
multinational subsidiaries
Investment in Needed Infrastructure.
Increase in Exports
Positive Influence on the Balance of
Payments. Increase in savings and
Investment
New Technology and “Know How” Transfer.
Faster growth of output and
Increased Capital Investment. employment
Targeted Regional and Sectoral Consumer Benefits
Development.
14. IIT is one of the most respected institutions in
the world for engineering. But last year they only
admitted 3500 new students, and 350,000
applied! What are the unlucky 346,500 students
going to do?
Lack of facilities
Reservation System
Cultural Experience
Superiority Complex
Value of the education higher abroad
Liberal Arts
Career opportunities
15. 2004-'05 -----------------------15,000
2005-’06------------------------16,227
China-----------------67,723
2006-’07------------------------20,000
South Korea -------62,392
2007-’08------------------------23,500
Japan ----------------35,282
2008-’09------------------------27,000
Taiwan ----------------20,094
2009-’10------------------------32,000
16. business and
management
(22%),
engineering
humanities (2%)
(19%)
mathematics
Agriculture(2%) and computer
science (9%)
intensive English physical and life
language (5%) sciences (9%))
health social sciences
professions (5%) (9%)
fine & applied
arts (5%),
17. 34% of
Microsoft
employees
13% of 38% of
XEROX doctors in
employees USA
Indians
17% of 12%
INTEL scientists
scientists in USA
28% of 36% of
IBM NASA
employees scientists
18. Country: India
Capital : New Delhi
Largest City: Mumbai
Official Language:
Hindi, English
President: Pratibha Patil
Prime Minister: Manmohan
Singh
Area: 3,287,263 sq. km
Population: 1,210,193,422
Density: 366.7/sq.km
GDP:
Total: $4.469Trilliion
Per Capita: $3,703
HDI: 0.547
Currency: Indian Rupee
Calling code: 91
19.
20. $ rate effect on india
Monetatry policy
Recession
Euro crisis effect on india
Deflation
Reflation
FDI ad and disad.
Editor's Notes
Purchase of existing assetsQuick entry, local market know-how, local financing may be possible, eliminate competitor, buying problemsNew investment No local entity exists or is available for sale, local financial incentives may encourage, no inherited problems, long lead time to generation of sales or other desired outcomeParticipation in an international joint-ventureShared ownership with local and/or other non-local partner
Head of Education Promotion India, Education UK, SuchitaGokarn