achieved high growth and poverty reduction through policies which emphasized greater export orientation and encouragement of the private sector. India took some steps in this direction in the 1980s‚ but it was not until 1991 that the government signaled a systemic shift to a more open economy with greater reliance upon market forces‚ a larger role for the private sector including foreign investment‚ and a restructuring of the role of government. In 1980s growth was unsustainable‚ fuelled by a buildup
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it is an essential for formulation of plan and policies to carry out state control industry smoothly for the benefit of nations. However‚ it can create monopolies that may have a direct impact on private sector which has also vital role for national progress .It is consider that private sector seems to be under the state control. This essay will attempt to evaluate positive aspects and consequences of state control of industry by examining transport‚ bank‚ and telecom industry of various countries
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up since the events of 11th September 2001‚ and there is strong demand for security services and equipment in the public sector. The UK‚ and especially London‚ has been on a high level of alert since the war in Iraq. Some of the UK ’s export customers are also concerned about the threat from terrorism. Airport Security In the important airport and airline security sector‚ the effects of terrorism have been mixed. In the US‚ the Federal Government took over all passenger screening from the
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agency set targets for measuring performance and provide incentives for achieving these targets (Walts‚ 2003). In Government of Kenya public organization offer low quality service to its citizen despite the competition they opponents which are private sector‚ for government to make sure this habit of providing low quality service is put to an end‚ a step should be taken to increase the efficiency of the public enterprise and hence further drain on the country’s treasury resulting from his behaviors.
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and the market economy. The short answer is that it does‚ but not the kind of planning we practised in the past which derived its rationale from the belief that centralized control on resource allocation‚ with extensive intervention in private sector decision making‚ was necessary to achieve rapid growth. Amartya Sen’s article‚ which is reprinted in this volume but which first appeared in the Seminar issue on Freedom and Planning almost fifty years ago‚ provides a flavour of the earlier
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Post-war Afghan Economy How National is the National Development Framework By SIBA SANKAR MOHANTY Afghanistan occupies a central significance in South Asia owing to its geo-strategic location and natural resources-but is considered as one among the poorest countries in the world. Being a small‚ land locked and poor country with around 85 percent of its population depending on agriculture‚ and its socio-economic structure being influenced in every respect by external forces for more than twenty
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and controlled by the central‚ state or local government are termed as public sector enterprises or public enterprises. These are also known as public sector undertakings. A public sector enterprise may be defined as any commercial or industrial undertaking owned and managed by the government with a view to maximize social welfare and uphold the public interest. Public enterprises consist of nationalized private sector enterprises‚ such as‚ banks‚ Life Insurance Corporation of India and the new enterprises
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public enterprises have usually been perceived as drain pipes for government budget‚ thus creating budgetary strains and avoidable burden on the economy. It became a national policy imperative therefore to disengage the public sector from those areas where the private sector has the comparable advantage to perform‚ while letting the state concern itself with the provision of infrastructure‚ security and the enabling environment for business to thrive through enhanced wealth creation. It is important
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The Voluntary Sector The purpose of this essay is to critically analyse the notion of the ‘Big Society’. Through discussing influences on the operations of voluntary organisations in contemporary society and analysing the interface between the voluntary sector and policy makers the aim is to ascertain whether its implementation as a piece of social policy is realistic. On May 6th 2010 the general election took place but no party achieved the 362 seats required for an overall majority. David Cameron
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No. : 10800464 Lovely School of Business Lovely Professional University Introduction Indian watches market was for long dominated by public sector organisations like Hindustan Machine Tools Ltd. (HMT) and Allwyn (also famous for its refrigerators once upon a time!)‚ and has now left the pioneers far behind or nowhere in market by private sector enterprises like Titan‚ Sonata‚ Ajanta and Timex along with foreign entities jostling for display space in the smallest of shops selling these products
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