Economic Problems and Politics Give a critical review of the First Generation Reforms. Also, discuss the main features of the Second Generation Reforms. Review of First Generation Reforms (1) Fiscal Discipline: The most serious problem facing the country today is the high level of fiscal deficit. A high fiscal deficit is synonymous with high government…
Economic problems and politics Explain the meaning, objectives, and models of disinvestment being followed in India. Discuss some recent policy changes in this regard. As a part of ongoing privatization, PSU equity is being unloaded in the market. This is known as disinvestment. By the year-end 2003-04, the Government could auction off 2.00 per cent…
BA LLB notes on 2nd semester economics problems What role does State play in an economy? Examine the changing role of the State in India in the post-1991 reform scenario. In any economic system, the state plays three important roles : (a) as a producer of goods and services; (b) as a regulator of the…