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Presented by:
Hiten Gupta(50802026)
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Source: www.economywatch.comIEL, Liberalization of Indian
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Source: www.hindu.comIEL, Liberalization of Indian Economy
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Created unanimity among leaders, that statemust take
responsibility of countrys
development
No growth in previous half of the century.
Economic profile of the country was extremelydistressing at the
time of independence.
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The Historical settingcontd
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1957-58 -1.2%
1965-66 -3.7%
1972-73 -0.3%
1979-80 -5.2%
The Historical settingcontd
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In 1991 India was
in deep BOP crisis
and future was
uncertain.
In 2004, India
managed to
generate one of the
strongest BOP
position.
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Source: www.economist.com
77.2
6.1
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2.2
17
54.1
74.4
Indian Foreign Exchange Reserves: a steady rise
after liberalization
Foreign exchange reserves
US$ ( billion)
Source:www.rbi.org.in
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Foreign Investments after liberalization
5385 6789
81525639
15872
Source:www.rbi.org.in
Total foreign Investment US $ (million)
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Import duty Reduction after Liberalization
150
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Thank You
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IEL Liberalization of Indian Economy (LMTSOM PATIALA) 2008
