Explain the various positive and negative impacts of LPG Policy?
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Answered by
67
The positive and negative impacts of LPG policy are;
Positive impacts of LPG policy:
- The GDP growth rate can be increased.
- Safety checks on fiscal deficit.
- Motivating industrial production.
Negative impacts of LPG policy:
- Agriculture sector can be ignored.
- Uneven growth process.
- Increased rate of consumerism.
Positive impacts of LPG policy:
- The GDP growth rate can be increased.
- Safety checks on fiscal deficit.
- Motivating industrial production.
Negative impacts of LPG policy:
- Agriculture sector can be ignored.
- Uneven growth process.
- Increased rate of consumerism.
Answered by
49
Heya....
LPG policies were introduced in 1991 in India....
It's negative impacts were....
* This policy promote industrial sector but somewhere neglect to the agricultural sector...
* Industries were set up in urban areas and rural areas get disappointed with these....
* It leads to imports of foreign products that leads to economic Colonialism....
* It somewhere creates a lopsided growth process....
LPG policies were introduced in 1991 in India....
It's negative impacts were....
* This policy promote industrial sector but somewhere neglect to the agricultural sector...
* Industries were set up in urban areas and rural areas get disappointed with these....
* It leads to imports of foreign products that leads to economic Colonialism....
* It somewhere creates a lopsided growth process....
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