Indian Economy Post Globalization
-
Upload
rachel-delgado -
Category
Documents
-
view
6 -
download
4
description
Transcript of Indian Economy Post Globalization
-
Indian Economy Post Globalization
Group IV
Babu Venkatesh (1403003), Anirudh Menon (1403001), Keerthi Kumar
Challa (1403011), Santhanam (1404004), Praveen.R (1403019)
Abstract
On July 24, 1991, India instituted a series of ongoing economic reform under the leadership of P.
V. Narasimha Rao, which is now known as the Economic Liberalization of 1991. The project
would compare the LPG (Liberalization, Privatization and Globalization) of the economy, what
Acts were passed to ally this economic reform, failure of execution of the plan laid by Narasinha
Rao in the consequent years by ruling government, exponential growth of capital markets, how
was the government running the economy from 1947 to 1991 and the next generation
international reforms that made India as one of the darling of international economy. The study
will also do sectorial comparison and global contribution of Indias GDP to the internal
economy.
-
Proposed Project Methodology:
Secondary data from government databases
Secondary data from research and economic forums
Newspaper and magazine articles
Interviews with economists including professional establishments
Proposed Learnings and Takeaways for the Team
Understanding the Market Structure Dynamics: Growth and Turbulence
Study secondary data of markets in India and assess the economic reforms laid by Govt
of India
Understand the economic growth model followed for liberalization of Indian economy in
1991
Reassure the technological restructuring, growth similarity with other countries, fluid
global capital markets, integration of technology based governance and adapting to global
economy to compete with the competitors
Assess impacts of Liberalization, Privatization and Globalization in 1991
Determine and consolidate the learning on outward economies and the theory for their
success
Assess the measures taken to increase productivity and employment
Assess the promotion of Foreign Direct investments as a mean to impart liberalization
and globalization of the Indian economy
__________________ XXXXXX
_______________________ XXXXXX
__________________