Performance of public sector and privatization.

INFRASTRUCTURE, exploration and exploitation of Minerals and oil, technology development and products with strategic consideration. Thus, we have seen that various Industrial Policies, formulated by the Government since 1948 have given due consideration to the relative role of both public and private sector in Indian economy. Therefore, these policies have made sincere attempts for the … Read more

Indian Economic Reforms

Economic Reforms In India New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more

Liberalization

The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and Society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of liberalisation … Read more

Evolution of Public Administration as a discipline, new public administration

Evolution of Public Administration as a discipline, new public administration There are five stages in the chronology of the evolution of Public Administration as a discipline; these stages are theoretically driven as encapsulated below: Stage 1: politics administration dichotomy (1887-1926) Stage 2: principles of administration (1927-1937) Stage 3: era of challenge (1938-1947) Stage 4: crises of … Read more

Administrative Reforms

Why is Administrative Reforms needed? Technological change Advances in industrialisation Growth in the number and complexity of governmental activities Changes in social, political and economic spheres of life All above have created extraordinary strains on the traditional machinery of the government Obsolescence of institutions, roles, procedures and processes in the government What are ways through … Read more

Principles of Public Administration

Principles of Public Administration Throughout the 20th century the study and practice of public administration has been essentially pragmatic and normative rather than theoretical and value free. This may explain why public administration, unlike some social sciences, developed without much concern about an encompassing theory. Not until the mid-20th century and the dissemination of the … Read more

Economic Reforms In India

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses … Read more

Impact of Liberalisation- For RAS RTS Mains examination of Rpsc

  The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.INFRASTRUCTURE by the Indian and foreign investors have generated great employment opportunities for the professionals, and skilled and unskilled workers. 5. Development of Infrastructure: Prior to the liberalisation, the infrastructure (roads and electricity) were in … Read more

New Industrial Policy, 1991

The New Industrial Policy, 1991 was a major economic policy reform in India. It was introduced by the then Prime Minister P. V. Narasimha Rao and Finance Minister Manmohan Singh. The policy was aimed at liberalizing the Indian economy and making it more competitive. The policy had a number of key features, including: Deregulation of … Read more