Explain the meaning of concept of liberalisation

Meaning of liberalisation

the general meaning of term librarization is to dismantle the strict and excessive regulatory Framework over the industry it include several step like issues in licence to private sector unit free skill of Excel essential commodities in the market raising of the investment limits in business houses relaxation of MRTP act welcoming for reason companies to invest in country this idea was initiated by the late Prime Minister of India Sri Rajiv Gandhi as the public sector enterprise where becoming...

objective of liberalization to freedom

industry from excessive regulatory pressure and two issue licence to private accurate unit is those industry where I layer it was restricted and to initiate competition in those Industries where there was Monopoly of public sector Enterprise ...

principal major initiated

by government cement was decontrolled and any licence where issue to private sector unit and share a old free sale of sugar was increased to help sugar industry and selling of SS limit on big business houses was raised from 20 crores to 100 crores..