Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

Criticism of economic reform?
Asked by Shuklaanju521 | 13 Jan, 2020, 09:26: AM
answered-by-expert Expert Answer
Arguments against the New Economic Policy/ Economic Reforms 1991:

1. Even though there was an increase in GDP hence indication economic growth but this growth didnot create employment opportinities thus there was increase in unemployment
2. The industrial and service sector was given prority and the agriculture sector was neglected.
3. Low level of Industrial Growth due to competition from cheap imports
4. Ineffective Disinvestment Policy as the earnings was used to meet the insufficient reveunue and not for the development of the Indian economy
5. Ineffective Fiscal Policy due to the reduction in direct and indirect taxes and other duties, the revenue of the governement was not sufficient. 
Answered by Christina | 13 Jan, 2020, 03:28: PM

Concept Videos

CBSE 12-commerce - Indian Economic Development
Asked by durgaaum03 | 14 Jul, 2020, 11:27: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by raksha2sanubth | 10 Jul, 2020, 09:24: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by raksha2sanubth | 09 Jul, 2020, 08:06: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by tariyalgeeta03 | 31 May, 2020, 07:10: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by vishnudevassociates.adv | 04 May, 2020, 12:26: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by kg.gaurav152 | 23 Apr, 2020, 06:43: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by misurana113 | 05 Apr, 2020, 11:20: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by balkishansharma387 | 11 Mar, 2020, 02:33: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by rakeshpal55455 | 10 Mar, 2020, 11:36: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Indian Economic Development
Asked by Riyanguru | 15 Feb, 2020, 10:50: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×