Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
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 app...
Scenario
 Political relations played as an
effective factor in expansion
 More Expansion in abroad as
compared to India
...
Low enterprise creation
 New enterprises founded during
License-Permit Raj
 Much fewer enterprise were launched
than Neh...
Structural-Strategic Postures
 Lack of significant development in
structure and strategy
 Business leaders were depended...
The FERA, 1973
 Intended to restrict the inflow of foreign capital into
the country
 MNCs were required to dilute their ...
Public sector
 Huge increase in PSU than Nehru era.
 Further expansion in acquiring private firms.
 Lack of requisite a...
Video
 The License-Permit Raj
Campus Overview
907/A
Uvarshad, Gandhinag
ar
Highway, Ahmedabad
– 382422.
Ahmedabad Kolkata
Infinity Benchmark, 10th
Floor...
Thank You
License permit raj
Upcoming SlideShare
Loading in …5
×

License permit raj

593 views

Published on

License permit raj - Unitedworld School of Business

Published in: Education, Technology, Business
  • Be the first to comment

License permit raj

  1. 1. THE LICENCE-PERMIT RAJ 1947 - 1990
  2. 2.  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.
  3. 3. Scenario  Political relations played as an effective factor in expansion  More Expansion in abroad as compared to India  Growing governmental intervention in the economy
  4. 4. Low enterprise creation  New enterprises founded during License-Permit Raj  Much fewer enterprise were launched than Nehru era.  Example- Nirma Group, Hinduja Brothers
  5. 5. 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
  6. 6. 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
  7. 7. 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.
  8. 8. Video  The License-Permit Raj
  9. 9. 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.
  10. 10. Thank You

×