In India, since the initiation of the liberalisation plan in the 1990s, the economic reforms have put emphasis on the open market economic policies.
Economic reform refers to policies directed to achieve improvements in economic efficiency, either by reforming policies or reducing state regulations with an emphasis on economic efficiency.
It usually refers to deregulation and reduction of government control and opens the economy to market forces. It may not necessarily address the goals of equity or employment growth.
In India, since the initiation of the liberalisation plan in the 1990s, the economic reforms have put emphasis on the open market economic policies.
The reforms were initiated with the aim of accelerating the pace of economic growth.
The government has systematically shifted to a more open economy with greater reliance upon market forces, a larger role for the private sector including foreign investment, and a restructuring of the role of state regulation.
From the Book – ‘ Know Everything about Corporate Social Responsibility ‘
Available on Amazon.in
Also Read:
- What is Crony Capitalism?
- What Is Capitalism?
- What is Socialism?
- What is Free Enterprise?
- What is Third World?
- What is the Fourth World?
- What is Sustainable Economic Growth?
- What is Inclusive Growth?
- What is Industrialisation?
- What are the Effects of Industrial Revolution in India?
- What is Industry?
- What is Business?
- What is a Business Organisation?
- What is Corporate?
- What is a Startup?
- Who are the Stakeholder?
- What is a Multinational Corporation?
- What is Competitive Advantage?
- What is Foreign Investment?
(India CSR)
📢 Partner with India CSR
Are you looking to publish high-quality blogs or insert relevant backlinks on a leading CSR and sustainability platform? India CSR welcomes business and corporate partnership proposals for guest posting, sponsored content, and contextual link insertions in existing or new articles. Reach our highly engaged audience of business leaders, CSR professionals, NGOs, and policy influencers.
📩 Contact us at: biz@indiacsr.in
🌐 Visit: www.indiacsr.in
Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.
