Meaning of lpg liberalisation privatisation and globalisation
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Heya....
LPG policies was launched in 1991 in India...
* Liberalisation...
It means the removal of all the physical restrictions from the private industries and let them free for market forces ..
* Privatization...
Means the participation of private industries in the public owned enterprises...
* Globalization...
To integrating our economy with the economy of other countries in terms of free trade across borders...
LPG policies was launched in 1991 in India...
* Liberalisation...
It means the removal of all the physical restrictions from the private industries and let them free for market forces ..
* Privatization...
Means the participation of private industries in the public owned enterprises...
* Globalization...
To integrating our economy with the economy of other countries in terms of free trade across borders...
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