Economic liberalization is a very broad barrier that usually refers tofewer disposal regulations and restrictions in the economy in exchange for great participation of private entities. ?Liberalization for industrial licensing. ?Concession from Monopolies Act. ? immunity for expansion and production to industries ? affix in the investment limit of the small industries. ? granting immunity to import the capital goods and raw material. ?Freedom to import technology. ?Liberalization of export and import transactions. ?Liberalization in taxation policy. ?Liberalization in capital markets. ?Liberalization in banking sector. ? change magnitude the foreign investment. ?Increase the foreign exchange reserve. ?Increase in consumption. ?Control over price. ?Check on corruption. ? step-down in dependence on external commercial borrowings. ?Increase in unemployment. ?Loss to domestic units. ?Increase dependence on foreign nations ? dotty development ?Increase the imbalances. Privatization ?Privatization is the incidence or process of transferring self-will of a business, enterprise, agency or general service from the government to the private sector.

In a broader sense, privatization refers to transfer of any government procedure to the private sector including governmental functions like revenue collection and law enforcement. Measures scoop for privatization. ?Contraction of public sectors ?Sales of shares of public sectors to the private sector. ? offensive public sectors industries. ?Memorandum of understanding ?National renewal fund. Advantages of privatization. ?Increase in efficiency. ?Professional management. ?Increase in competition. ?In line with external trends. ?Reduction in economic burden of Govt. ?Increase in responsibility. ?Reduction in political interference. ?Encouragement to new innovations. ?Increase the industrial growth. ?Increase the foreign investment. ?Reduction in public sectors.... If you want to get a full essay, order it on our website:
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