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Economic liberalization in India

Posted by VASUDEVA REDDY on Saturday, January 1, 2011, In : facts of india 

Every one thinks that the economic liberalization in India started in 1991. but it is partially. the roots of liberalization lies in the early years of 80's. but india's democratic policies took some time to implement, while the neighboring country China successfully implemented in the early 80's with the autocratic govt. we used to get 3-4% of growth rate before 1980. the scene completely changed after that. the government of India started to loosening the policies in "license permit raj" by...

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