1. The document discusses India's economic liberalization that began in 1991 in response to a balance of payments crisis. Financial, industrial, trade, and fiscal sectors were reformed through deregulation and liberalization.
2. Reforms led to rapid GDP growth, strong export growth in IT services, and India establishing itself as one of the fastest growing economies. However, challenges remain around further political, administrative, and legal reforms.
3. Currently India is among the top 15 economies by GDP. It has become an attractive investment destination and seen major mergers and acquisitions by Indian companies abroad. However, arguments remain around increased foreign dependence and unemployment from liberalization.
Macro-economic stabilisation and structural adjustment in India (1991)Antara Chakrabarty
These slides mainly give an insight into the major macroeconomic stabilization and structural adjustments that were made in India during severe financial crisis of 1991. It discusses the situation sector-wise and provides with a detailed glossary of important terms towards the end of the slide-show.
Macro-economic stabilisation and structural adjustment in India (1991)Antara Chakrabarty
These slides mainly give an insight into the major macroeconomic stabilization and structural adjustments that were made in India during severe financial crisis of 1991. It discusses the situation sector-wise and provides with a detailed glossary of important terms towards the end of the slide-show.
Indian economic crisis of 1991,
PERMITRAJ,
PROTECTIVE MARKET and CONTROLLED ECONOMY
liberalization and privatization
devaluation of Indian rupee,
globalization of India
Trade Policy Reform of India 2008 - 2019
The Trade Policies in India are formulated by Government of India, Ministry Of Commerce And Industries and Department of Commerce.
a brief history, sectors and outlook of the Indian economy.
effect of liberalisation on economy, foreign trade, current state of the Indian economy, gst, demonetisation and their effects of Indian economy, issues with the Indian economy and ways to deal with them
Import - Export Policy of India(EXIM POLICY)Sandip Besra
policies in the sphere of Foreign trade i.e. with respect to import & export from the country and more especially export promotion measures, policies and procedure related there to.
This presentation explains the conditions which led to the introduction of 1991 economic reforms of India, the key features of the reforms and the impact it created on Indian economy.
The presentations describes the 1991 Liberalization Privatization Globalization(LPG) model of Indian economy. Following are the topics discussed in the ppt:
Reasons for implementing LPG
Definitions
Advantages
Disadvantages
Disinvestment Commission
Successful privatizations in India
FDI
MNCs
Effects
Indian economic crisis of 1991,
PERMITRAJ,
PROTECTIVE MARKET and CONTROLLED ECONOMY
liberalization and privatization
devaluation of Indian rupee,
globalization of India
Trade Policy Reform of India 2008 - 2019
The Trade Policies in India are formulated by Government of India, Ministry Of Commerce And Industries and Department of Commerce.
a brief history, sectors and outlook of the Indian economy.
effect of liberalisation on economy, foreign trade, current state of the Indian economy, gst, demonetisation and their effects of Indian economy, issues with the Indian economy and ways to deal with them
Import - Export Policy of India(EXIM POLICY)Sandip Besra
policies in the sphere of Foreign trade i.e. with respect to import & export from the country and more especially export promotion measures, policies and procedure related there to.
This presentation explains the conditions which led to the introduction of 1991 economic reforms of India, the key features of the reforms and the impact it created on Indian economy.
The presentations describes the 1991 Liberalization Privatization Globalization(LPG) model of Indian economy. Following are the topics discussed in the ppt:
Reasons for implementing LPG
Definitions
Advantages
Disadvantages
Disinvestment Commission
Successful privatizations in India
FDI
MNCs
Effects
1. Presentationon Indian Economic LiberalisationKAL AAJ aur KAL Under the guidance of Mr. Sunil Chaturvedi Presented By:- Shashwat Asawa Vishal Jagetia
3. Reason for Liberalisation A Balance of Payments (BOP) crisis in 1991 which pushed the country to near bankruptcy The Rupee devalued and economic reforms were forced upon India India central bank had refused new credit and foreign exchange reserves had reduced to the point that India could barely finance three weeks’ worth of imports No FDI & FII Investments
6. Financial Sector Reform Financial Sector Reforms refers to the deregulation of domestic financial markets and the liberalization of the capital account Financial Sector Reforms are:- Reform in Banking Sector Reform in Stock Market Reform in Insurance
7. Industrial Sector Reform Industrial Sector was among the first sectors to be liberalized in India in a series of measures Industrial licensing has been abolished except in a small number of sectors where it has been retained on strategic considerations Industrial Sector Reforms are:- Abolition of industrial licensing Restriction were removed on expansion Reduction in the reservation of public sector
8. Trade policy allowing domestic providers (of goods and/or services) to compete more freely in world markets and foreign providers to compete more freely in domestic markets Trade Sector Reform :- Elimination of Import Licensing Rationalization of Tariff Structure Adoption of Flexible Exchange rate Trade Sector Reform
9.
10.
11. Challenges Ahead Political Reforms for Good Governance Re-engineering the Role of the government Administrative and Legal Reforms Strategic Management of the Economy with a focus on knowledge based HRD Activities Fiscal Prudence
12. Cont………………………. Agricultural Sector Reforms Industrial Restructuring Labour Sector Reforms Foreign Trade and Outward Investment Policies Financial Sector Reforms
23. Major M&A Deals Undertaken Abroad by India Inc. Tata Steel buys Corus Plc USD 12.1 billion Hindalco acquired Novelis Inc. USD 6 billion Essar Steel acquired Algoma Steel USD 1.58 billion Suzlon Energy Ltd. acquires REpower Videocon Industries acquired Daewoo Electronics Corporation Limited USD 1.6 billion USD 730 million
24. Continue.................. Vodafone buys Hutch USD 11 billion Plans to spend on its development operations in India over the next four years USD 1.7 billion Plans investment in private equity, real estate, and private wealth management USD 1 billion Aditya Birla Group increased its stake in Idea Cellular by acquiring 48.14-percent stake USD 0.98 billion Renault, Nissan and Mahindra & Mahindra has initiated a Greenfield automobile plant project in Chennai. USD 0.905 billion Mylan Laboratories acquired a majority stake in Matrix Laboratories USD 0.74 billion