SARASWATI INSTITUTE

OF MANAGEMENT &
TECHNOLOGY
LIBERALIZATION
DATED
21 AUG 2009
SUBMITIED TO, SUBMITITED
BY
Mrs. SWATI SHARMA RITU
GOEL
 INTRODUCTION
Liberalization is to open strict
regulation over the industries.
The policy came into existence
in 1991.
Liberalization was to free large
private corporate sector from
bureaucratic controls.
 Objective of
Liberalization
To help in preventing unfair,
unethical, illegal operations.
To promote the investment of
foreign companies in the area
of business and technology to
the country.

Liberalization was to free the

industry from excessive
regulatory pressure.
Need of Liberalization
The big business houses were
unable to start new enterprises due
to the limit imposed by MRTP act.
To give freedom to large private
corporate sector from bureaucratic
controls
 Aims of liberalization
To achieve full employment.
To achieve self reliance.
To reduce in equality of income
and wealth.
To reduce the no. of people
living below the poverty time.