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2 cards from this section. Quick, good the night before a test.
What year did India start its economic reforms?
Look for the beginning of the liberalisation policies.
Define privatisation in one sentence.
It involves selling government-owned enterprises.
What is the main purpose of liberalisation in India?
Think about the goal of enhancing market dynamics.
Privatisation involves...
Consider who owns the companies after the process.
Analyze the impact of FDI on the Indian economy since the 1991 reforms. Consider both positive and negative aspects.
Look into both growth metrics and economic stability.
Discuss how globalisation has created disparities between sectors in India. Use specific examples to support your argument.
Examine contrasting growth rates in service vs agriculture.
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