MPPSC Prelims and Mains Notes, MPPCS Test Series
Madhya Pradesh Tax and Economic reforms The economic liberalization in India , initiated in 1991, of the country’s economic policies, with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment. Specific changes include a reduction in import tariffs, deregulation of markets, reduction of taxes, and greater foreign … Read more
Indus Valley Civilization Indus Valley Civilization was the first major civilization in south Asia, which spread across a vast area of land in present day India and Pakistan (around 12 lakh sq.km). The time period of mature Indus Valley Civilization is estimated between BC. 2700- BC.1900 i.e. for 800 years. But early Indus Valley Civilization had … Read more
The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of liberalisation … Read more