+1 vote
in Class 12 by kratos

What do you understand by liberalization, privatization and globalization? How have they helped industrial development in India?

1 Answer

+5 votes
by kratos
 
Best answer

Definition and explanation of Liberalization, Privatization and Globalization…….

Impact of Liberalization, Privatization and Globalization on Indian economy

i. Abolition of industrial licensing.

ii. Free entry to foreign technology.

iii. Foreign investment policy.

iv. Free flow of capital

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