3. The rise in price of essential commodities is known as
4. The Indian government implemented the policy of liberalisation in the year (fill in the black)
Answers
The rise in price of essential commodities is known as
➳Manipur, which has seen seven COVID-19 cases, is reeling under untrammelled price hike, with no trader or grocery shop owner being pulled up. Officials said that all the seven persons had contracted the disease outside the State. Two have completely recovered, while the remaining are in “good physical condition”.
In the wake of the pandemic, the State government had asked the Price Fixation Committee to fix the prices of the consumer items. The committee had promptly done it, but it has not had the desired impact since traders are ignoring the new prices. The government has promised suitable action if consumers bring overpricing to the notice of the officials.
The Indian government implemented the policy of liberalisation in the year
➳ Economic liberalisation in India was initiated in 1991 by Prime Minister P. V. Narasimha Rao and his then-Finance Minister Dr. Manmohan Singh.
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