Political Science, asked by hdgsjk, 1 year ago

meaning of liberalisation and its impact on india

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Answered by Anonymous

1

Liberalization (or liberalisation) is a relaxation of government restrictions, usually in such areas of social, political and economic policy and it's impact was too deep in india when it came in 1992 by PV Narasimha rao government. After this, government can not decide private company affairs and restrictions. Government had to do so because if they not took a action for that then our country would be in financial emergency and even buying a LPG Cylinder could not possible in those days.

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