Know about Liberalisation | Explained in Hindi || (Part 2)
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Let's first introduced myself name Aman Savla who is a creater of something different reasons with the motive of increase knowledge of the society. As a trying to became a better You Tuber in future. Thank You for supporting me from last three months and Thank You also for to share my channel to your knowing and unknowning people and supporting me to grow my channel in indirect way.
Let's we discuss about this video, if you had watched my previous video related to New Economic Policy (NEP) 1991 reforms in that I had talked about a model which had saved our Indian Economy name as LPG Model from that model a first letter L which stands with Liberalisation. In this video I had talked about Liberalisation. For example I had discuss:-
1. What did you mean by Liberalisation?
2. Objectives of Liberalisation.
3. Reforms of Liberalisation.
Now first we will discuss a meaning of Liberalisation in simple words removing all restrictions on trade activities. This meaning is for your understanding. If you prefer my video than you can know about Liberalisation in detail and my video is not sufficient for you then I request to you that you can use any search engine to know detail about Liberalisation.
Now Let's we see objectives of Liberalisation:-
1. Increase Competition in Domestic Business.
2. Increase in Foreign Trade (Import & Export).
3. Improvement of Technology.
4. Expand Global Market of our Country.
5. Decrease Debt Burden of our Country.
This are some important objectives of Liberalisation which will helpful to you to write this point in examination If they asked.
Now Let's move with a reforms of Liberalisation:-
1. Deregulation of the Industrial Sector.
2. Reforms of Financial Sector.
3. Tax Reforms.
4. Reforms of Foreign in Exchange.
5. Reforms of Trade & Investment Policy.
This are all reforms which was made by Indian government at the time of New Economic Policy 1991. I think so it will sufficient basic knowledge about Liberalisation.
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