Question

a) उदारीकरण क्या है? भारतीय अर्थव्यवस्था पर उदारीकरण के किन्हीं दो प्रभावों का वर्णन कीजिए।
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Answer 1

Answer:

Liberalization is a broad term that usually

refers to fewer government regulations and restrictions, mainly on economic activities. ... a change from a centrally-planned economy to a market led country. a change from excessive government intervention to minimal intervention. a change from nationalization to privatization.

The liberalization process has impacted the conditions of Indian labour in the organized and unorganized sectors, both big and small, with regard to factors such as wages, labour welfare, trade unionism, social security, employability, labour utilization, job security, labour flexibility, employment growth.

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