std X Causes of economic Reforms in simple language by Dinesh Sir
Автор: Indra Coaching Classes. Social Science English.
Загружено: 2021-01-08
Просмотров: 116
Описание:
1)The two' phases of Economic planning:-
a) First phase from 1951-52 to 1990-91.
b) Second phase from 1991-92 to till date .
2) Causes of low growth rate during first phase:-
a) Chinese aggression 1961-62.
b)The Indo-Pak conflict 1965 .
c) poor rainfall .
d) Rapid political changes .
3) Causes of Economic Reforms:-
i) Public expenditure exceeded public Revenue.
ii) public sector units were in heavy loss.
iii) Inflation badly hit the poor section of society .
iv) Outflow of capital .
v) Deficit balance of payments in international trade .
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