Class 11 NCERT • Indian Economic Development (Book 2 New Syllabus)
Economics Book 2 Ch 03: Liberalisation, Privatisation and Globalisation
Select a topic or study module below to explore the 1991 economic crisis, New Economic Policy reforms, financial and fiscal sector changes, foreign exchange reforms, liberalisation, privatisation, globalisation, WTO, and comprehensive textbook solutions.
Topic 01 • The 1991 Crisis
Exploring Fiscal Deficits, Balance of Payments Crisis, Foreign Exchange Depletion, and IMF Intervention
Topic 02 • New Economic Policy
Analyzing Stabilization Measures, Structural Reform Measures, LPG Framework, and Market Transition
Topic 03 • Liberalisation
Studying Abolition of Industrial Licensing, Financial Sector Reforms, RBI Role Shift, and Tax Reductions
Topic 04 • Foreign Exchange & Trade
Investigating Rupee Devaluation, Market-Determined Exchange Rates, Import Liberalisation, and Tariff Cuts
Topic 05 • Privatisation
Examining Sale of Public Sector Undertakings (PSUs), Disinvestment Process, Navratna Status, and Efficiency
Topic 06 • Globalisation & Outsourcing
Analyzing Integration of Economies, Flow of Goods, Capital, Technology, BPO, and India as a Service Hub
Topic 07 • WTO & Appraisal
Studying WTO Rules, Multilateral Trade Agreements, Critiques of Agricultural Neglect, and Jobless Growth
Module 08 • Solutions & Quiz