ప్రపంచీకరణను వెక్కిరిస్తున్న మహమ్మారి || Globalization Fault Lines Exposed ||
Dr. Manmohan Singh’s 1991-92 Budget speech marked the beginning of the end of the ‘Licence Raj’ in India. The Budget also announced the reduction of import duties and paved the way for foreign-manufactured goods to flow into India. Following this, most of the manufacturing sector was opened up to foreign direct investment. India’s industrial policy was virtually junked, and policymakers and the political leadership became contemptuous of the idea of self-reliance.
https://www.thehindu.com/opinion/op-ed/economic-liberalisation-and-its-faults/article31341924.ece
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ప్రపంచీకరణను వెక్కిరిస్తున్న మహమ్మారి || Globalization Fault Lines Exposed || Dr. Manmohan Singh’s 1991-92 Budget speech marked the beginning of the end of the ‘Licence Raj’ in India. The Budget also announced the reduction of import duties and paved the way for foreign-manufactured goods to flow into India. Following this, most of the manufacturing sector was opened up to foreign direct investment. India’s industrial policy was virtually junked, and policymakers and the political leadership became contemptuous of the idea of self-reliance. https://www.thehindu.com/opinion/op-ed/economic-liberalisation-and-its-faults/article31341924.ece
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