Short Answer TypeExplain the economic policy of liberalization.
Economic policy of liberalization:
1. The term liberalization refers to an arrangement of policy decisions that the Indian state took since 1991 to open up the Indian economy to the world market.
2. This marked a break with an earlier stated policy of the government to have a greater control over the economy, in order to protect Indian industry and to develop the economy.
3. Liberalization of economy meant the steady removal of rules that regulated Indian trade and finance which was described as economic reforms; this allowed more freedom to private industry.
4. It would bring about greater integration in a global market, involve taking loans from an institution like IMF.
What were the issues against which the leaders of the Jharkhand movement were agitating?
Long Answer Type
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