CBSE class 12 business study online notes Economic Environment in India

In this post, Business Studies Class 12 –Topic – Economic Environment from Chapter – Business Environment is discussed.

Economic reforms and new Industrial policy, 1991

In order to introduce economic reforms, the central government announced a new industrial policy in July 1991 which sought to liberate the industry from the industry from the shackles of the licensing system, drastically reduce the role of the public sector, and encourage foreign-private participation in industrial development. It was a landmark in the history of economic development of India.

The main objectives of the new economic policy are:

Rapid economic growth and a higher standard of living.
Becoming self-reliant.
Reduce inequalities of income and wealth.
Reduce unemployment and poverty.

Liberalization

The term liberalization means freeing the Indian business and industry from all unnecessary government controls and restrictions. Liberalization of the Indian industry has taken place with respect to:

Abolishing licensing requirement in most of the industries.
Freedom in deciding the scale of business activities.
Freedom in fixing the prices of goods and services.
Reduction in tax rates.
Simplifying procedures for imports and exports.
Making it easier to attract foreign capital and technology to India.

CBSE guide, CBSE board exam pattern, syllabus, CBSE NCERT solutions, sample papers and question paper of Class 12 are also available at www.takshilalearning.com

Comments

Lessons-Worksheets-Question Papers-CBSE Class 2 English

Lessons-Worksheets-Question Papers-CBSE Class 2 English CBSE 2nd Class English – One and Many In this blog, we share the spelling rules used in the concept of One and Many. When there is only one of a naming word (noun), it is said to be a singular noun . When a noun shows more than one, it is said to be in the plural . We can add –S, -es, -ves or ies to show that there is more than one noun. For example, we say many birds, four biscuits, six brushes. But for the students of Class 2 , it’s very difficult and confusing to understand where to use s , es, ves or ies in the form of many. Don’t worry, it looks difficult, but it is very easy as in grammar each concept has a set of rules that need to practice. Noun ending with –s, -x, -o, -sh, -ch, and –ss form plurals by taking –es. Look at these pairs of words: Bus – Buses Brush – Brushes Continue ..... Click here ...

Class 3 English Practice Grammar Worksheet -The Adverb

Class 3 English Practice Grammar Worksheet -The Adverb Class 3 English – The Adverb – Kinds of Adverb Fill in the blanks with suitable Adverbs of place. Choose from the box. Up outside everywhere back down away here there ...

Bhakti Movement NCERT Class 12 History

Bhakti Movement NCERT Class 12 History The Bhakti movement was an effort to achieve salvation and emancipation by devotion to God. In Hindi, the word bhakti refers to fervent devotion to God. This movement, which stressed a single-minded, ardent devotion to God, is seen as the most characteristic act of religious progress during the Middle Ages. In the 12th and 13th centuries, Kabir Das was a key figure in the Bhakti Movement. As a result of the movement, Kabir Das' poems and religious writings attained widespread fame. Kabir Das was raised up by a Muslim family. However, his religious beliefs were influenced by his Hindu teacher Ramananda, who regarded Rama as the highest God. The first Sikh guru and the founder of Sikhism was Guru Nanak. He vehemently opposed prejudice based on customs, rivalry, and caste in religion. Nanak was raised in a Hindu household and from an early age began to exhibit spiritual tendencies. He helped the indigent and underprivileged. His followers began r...

Takshila Learning - Online Tutorials

Search This Blog