Beruflich Dokumente
Kultur Dokumente
CONTENTS
INTRODUCTION
COMPONENTS OF LIBERALIZATION
Industrial Sector Reforms
Trade Sector Reforms
Financial Sector Reforms
Fiscal Sector Reforms
IMPACT OF LIBERALIZATION
INTRODUCTION
Fiscal Sector
Trade Reforms
Liberalization
Industrial Financial
Liberalization Liberalization
1. Industrial Liberalization
Financial Globalization
Underdevelopment of Capital Markets
Lack of Harmonization of legal,
regulatory, and tax systems.
Saving-Investment Profiles
Intermediation through International
financial market.
4. Fiscal Sector Reforms
1. Governance
Need for elimination of large number of Rules &
Regulations in the books
Sharply reducing the number of implementing agencies
Moving towards single window clearance
150
1 1 8 .3
100 7 5 .4
5 4 .1
50
1 7 .0
2 .2
0
1 9 9 0 - 9 11 9 9 5 - 9 6 2 0 0 1 - 0 22 0 0 2 - 0 32 0 0 3 - 0 4
Foreign Investments after liberalization
T o ta l F o r e ig n In v e s tm e n t (U S $ m illio n )
U S $ m il li o n
18000 1 5 ,8 7 2
16000
14000
12000
10000 8 ,1 5 2
8000 6 ,7 8 9
5 ,1 3 8 5 ,3 8 5 5 ,6 3 9
6000
4000
2000 103
0
1 9 9 0 - 9 11 9 9 4 - 9 51 9 9 7 - 9 82 0 0 0 - 0 12 0 0 1 - 0 22 0 0 2 - 0 32 0 0 3 - 0 4
Import duty Reductions after liberalization
160
140
150
120
100
110
in per cent
80
60
40
50 42
20 3 8 .5 3 0 25 20
0
1991 M a r -9 2 M a r -9 5 M a r -9 7 M a r -0 0 M a r -0 2 M a r -0 3 w . e . f M a r c h
2004
Rising share of India’s external trade after
liberalization
Total Exports in 2003-04 - US$ 61.8 Bn; Imports – US$
75.2 Bn.
Assume target for exports for 2009 - US$150 Bn
S h a r e o f e x te r n a l tr a d e in GD P
3 0 .3 3 1 .6 32
35
2 6 .9 2 8 .9
30 2 3 .1 2 5 .5
25 1 8 .1
in per cent
20
15
10
5
0
19 9 1- 9 219 9 4 - 9 519 9 7 - 9 8 19 9 9 - 2 0 0 0 - 0 12 0 0 1- 0 22 0 0 2 - 0 32 0 0 3 - 0 4
2000
PHARMACEUTICALS INDUSTRY
AFTER LIBERALISATION
4 W h e e le rs (in N o s )
1400000 1 ,2 6 3
1200000
1000000
8 0 0 0 60 07 1 ,9 2 8
600000
400000
200000
Vehicle Exports
after Liberalization
Vehicle Exports
600000
332087
500000
400000
In Nos.
300000
121140
200000
146543
100000
0 38230
STEEL Industry after Liberalization
P r o d u c t io n a n d E x p o r t o f F in is h e d S t e e l
……………………
…………………
…………………….
………………………
………………………
………………………….
THANK YOU
QUESTIONS???....