Positive impact of economic reforms on indian economy
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Heya....
Economic reforms were..
Privatization
Liberalisation
Globalization....
Their merits and positive impacts are as follows...
* A vibrant economy..
Within the sudden changes in economy all the structure vibrate in to positive direction..
* A stimulant on Industrial production..
As all the restrictions were shaked then producers increased their investment s and it was a good sign for economy..
* Rise in our foreign reserves..
By increasing exports and imports we are leading in global market then it increased our reserves..
* Shift in monopoly market to competive market....
As withdrawal of govt sector and engaged of private sector perued the competition in market..
Economic reforms were..
Privatization
Liberalisation
Globalization....
Their merits and positive impacts are as follows...
* A vibrant economy..
Within the sudden changes in economy all the structure vibrate in to positive direction..
* A stimulant on Industrial production..
As all the restrictions were shaked then producers increased their investment s and it was a good sign for economy..
* Rise in our foreign reserves..
By increasing exports and imports we are leading in global market then it increased our reserves..
* Shift in monopoly market to competive market....
As withdrawal of govt sector and engaged of private sector perued the competition in market..
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