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

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

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

New economic Reforms-Liberalization, Privatization and Globalization, rationale and need for reforms

INFRASTRUCTURE of the country. DISADVANTAGES OF PRIVATIZATION Privatization in spite of the numerous benefits it provides to the state owned enterprises, there is the other side to it as well. Here are the prominent disadvantages of privatization: • Private sector focuses more on profit maximization and less on social objectives unlike public sector that initiates socially viable adjustments in case of … Read more

Impacts of Privatization for Ras Rts mains exam of RPSC

Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of profit maximization. ADVANTAGES … Read more

LPG Reforms

Unleashing the Potential: A Deep Dive into LPG Reforms and Their Impact The Liquefied Petroleum Gas (LPG) sector, a vital energy source for millions globally, has been undergoing a period of significant transformation. Driven by factors like environmental concerns, energy security, and technological advancements, LPG reforms are reshaping the industry landscape. This article delves into … Read more

Current Disinvestment Policy

The Shifting Sands of Disinvestment: A Deep Dive into India’s Current Policy India’s disinvestment policy, a cornerstone of its economic strategy, has undergone significant evolution over the years. From a hesitant approach in the early days of liberalization to a more aggressive stance in recent times, the government’s approach to divesting its stake in public … Read more