How did liberalisation policy have an impact on the Indian market… - Vidyadip

Question

How did liberalisation policy have an impact on the Indian markets?

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Answer

Impact of the liberalisation policy on the Indian markets–

Foreign branded goods are now available in the markets.
Some sectors benefit while others cannot compete.
Reduction or withdrawal of support price and subsidies.
Small manufacturers cannot compete with “global competition”.
Growth of unorganised sector of employment at the expense of the organised sector of employment.

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