Documente Academic
Documente Profesional
Documente Cultură
> Liberalization for Industrial Licensing. > Concession from Monopolies Act. > Freedom for Expansion and Production to Industries. > Increase in Investment limit of Small Scale Industries. > Freedom to Import the Capital Goods and Raw Material. > Freedom to Import Technology. > Liberalization of Export and Import transactions. > Liberalization in Taxation policy.
> Increase the Foreign Investment. > Increase the Foreign Exchange Reserve. > Increase in Consumption. > Control over Price. > Check on Corruption. > Reduction In dependence on External Commercial Borrowings
> Increase in Unemployment. > Loss to Domestic Units. > Increased Dependence on Foreign Nations. > Unbalanced Development. > Increase In the Imbalances.
PRIVATIZATION
Privatization is the process of transferring ownership of a business, enterprise , agency or public service from government to private sector. In broader sense Privatization refers to transfer of any government function to private sector including functions like revenue collection and law enforcement.
Supporting Views
Increase in Efficiency Goals Job gains Concentration of wealth Accountability
Opposing Views
Performance Corruption Concentration of Wealth Job Loss Profit
GLOBALIZATION
Globalization refers to an ongoing process by which regional economies ,societies and cultures have become integrated through a globe spanning network of exchange. The term is sometimes used to refer to Economic Globalization : the Integration of National economies into International Economy through Trade , FDI, Capital Investment and Foreign Technology.
THANK YOU