Practicing Success
Select a statement which can be attributed to the pre liberalization policies of the Indian state. |
The incapability of the market to take care of the welfare of the people. Free market and welfare through competition. Centralization of market and popularization of the free market. Supportive stand towards foreign investment and firms in Indian markets. |
The incapability of the market to take care of the welfare of the people. |
In the pre liberalization era the state also believed that the market alone would not be able to look after all the welfare of the people, particularly its disadvantaged sections |