Knowledge Themes
Mixed Economy
Five-Year Plans
Planning Commission
Nehru-Mahalanobis Model
License-Permit Raj
Public Sector Undertakings (PSUs)
Import Substitution Industrialization
1991 Economic Reforms
LPG Reforms (Liberalization
Privatization
Globalization)
Industrial Policy Resolution 1956
Monopolies and Restrictive Trade Practices (MRTP) Act 1969
Foreign Exchange Regulation Act (FERA)
Washington Consensus
Command Economy
P.V. Narasimha Rao Government
Manmohan Singh's 1991 Budget Speech
Structural Subtopics
- Mahalanobis Model and heavy industrialization
- License-Permit Raj and bureaucratic hurdles
- Import Substitution Industrialization (ISI) vs Export-led growth
- Evolution of Public Sector Undertakings (PSUs) and 'Temples of Modern India'
- Impact of the 1991 Balance of Payments crisis on policy shift
- Abolition of industrial licensing and MRTP Act reforms
- Trade liberalization and reduction of tariff barriers
- Privatization and disinvestment of state-owned enterprises
- Impact of liberalization on poverty reduction and GDP growth rates
- Shift from centralized planning to market-led development
- Globalization and integration with the global value chain
- Comparative analysis of Hindu Rate of Growth vs post-reform growth periods
- Impact of neoliberal reforms on income inequality and the informal sector
- Role of the private sector in infrastructure and service delivery post-1991
Study Material
Full AI-synthesized study material for Nehruvian Socialist Economy vs Liberalisation is being calibrated.
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