Economy, asked by snewalkar4883, 1 year ago

What is liberalisation describe any 4 effects of.liberalisation ion the indian.economy?

Answers

Answered by Anonymous
0
it means removal of barriers or traffics or taxes

its impacts are
it improve import and export part
it affect local people
it plays a good part in development
Answered by Suryavardhan1
1
HEY!!

Economic reform in India means liberalisation, privatisation and globalisation. Liberalisation means process of removing various government restrictions in the economy. Privatisation means allowing greater participation of the private sector in various parts of the economy. Globalisation means opening up the economy to foreign trade and foreign investment.

It is helpful in importig and exporting various goods.
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