Submit Articles A Collection of Informative and Interesting Articles  
 
HOME LOGIN SUBMIT ARTICLES TOP AUTHORS WANT AN ACCOUNT?
 

Are the Government Policies Really Helpful or Harmful?

BY: gunda ramesh babu | Category: Finance | Submitted: 2010-12-15 19:21:43
       Author Photo
Article Summary: "The reforms are not accidental, they are incidental. The government of India introduced several policies to change the lives of 100 crore plus people. Privatization means inviting private participation into the agreed sectors..."


Share with Facebook Share with Linkedin Share with Twitter Share with Pinterest Email this article




The new economic policy, 1991 have created new waves in all walks of life of India. The introduction of privatization, liberalization and globalization have been changed all the sectors of the economy. Liberalization means removing hurdles of the development of industries in India. In India, the corporate sector and other important sectors are unable to grow with the fulfillment of targets. The reforms are not accidental, they are incidental. The government of India introduced these policies to change the lives of 100 crore plus people. Privatization means inviting private participation into the agreed sectors. The investment norms will be fulfilled by the private sector and policy and regulatory aspects will be covered by the government. Privatization exposes higher talent and skills.

Public sector is unable to work in profitable environment. The reduction of government participation and an entry of the private sector. Privatization can be described as exit of public sector and entry of private sector in any kind of business aspects. Globalization means activating of all nations economies in tune with the flow of global village. The globe is rotating towards funds. The financial resources are always travels for profit. The distance between nations has been reduced drastically. The funds are transferring throughout the globe with a click of mouse. However the poverty is enemy for all nations. The globe is spitted into two categories, such as developed nations and developing nations. USA, BRITAIN, SOVIET UNION, FRANCE, GERMANY belongs to well developed nations. The rest of the globe can be categorized as undeveloped countries. Therefore the poverty is the basic problem for undeveloped countries. These countries are seriously thinking how to attack poverty.

Poverty was extremely large during the early decades after independence in India. The economic growth rates were low and associated socio-cultural norms, and local conditions were hostile to improve living standards. Poverty lines were separately set as the amount in rupees needed to replenish 2,400 kilo calories of energy per day in the rural and 2,100 kilo calories in the urban area.

About Author / Additional Info:

Comments on this article: (0 comments so far)

Comment Comment By Comment Date

Leave a Comment   |   Article Views: 3469


Additional Articles:
•   So You Thought Your Shower Was Making You Clean? Think Again!

•   Recognition of Customary Land Rights of the Tribals in India

•   Explanation of Surah No 104 Al-Humazah ( the Slander)

•   Bridging the Gap Between Theory and Practice: Management Education Today


Latest Articles in "Finance" category:
•   DEMYSTIFYING THE ONTOLOGY OF TAXATION RULINGS IN THE GAMBIA: PART III

•   DEMYSTIFYING THE ONTOLOGY OF TAXATION RULINGS IN THE GAMBIA

•   Why is Wheeler Insurance Renewal Important and Beneficial?

•   Turn Your Skills Into MONEY

•   I'm Giving You a Raise

•   Public Sector: A Pride to Say Or a Price to Pay....

•   Internet as a Source of Income



Important Disclaimer: All articles on this website are for general information only and is not a professional or experts advice. We do not own any responsibility for correctness or authenticity of the information presented in this article, or any loss or injury resulting from it. We do not endorse these articles, we are neither affiliated with the authors of these articles nor responsible for their content. Please see our disclaimer section for complete terms.
Page copy protected against web site content infringement by Copyscape
Copyright © 2010 saching.com - Do not copy articles from this website.
| Home | Disclaimer | Xhtml |