Explain the important areas of liberalization.
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as pointed out,rules and laws which r aimed at regulating the economic activities becaome majour hindrance in growth and development. liberalization was introduced to put an end up tjose restrictions and open up various sectors of the economy.Though a few liberaluzation measures were introduced in 1980's in areas of industrial lisencing,export-import policy,technology upgragation,fiscal policy and foriegn investment reforms policy initiations in 1991 were more comprehensive. Some important areas r industrial sectors,financial sectors,tax reforms,foreign exchange markets and trade amd investment sectors which received greater attention in and after 1991...
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