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The Licence Raj or Permit Raj (rāj, meaning "rule" in Hindi) [1] is a pejorative for the system of strict government control and regulation of the Indian economy that was in place from the 1950s to the early 1990s. Under this system, businesses in India were required to obtain licences from the government in order to operate, and these ...
Print/export Download as PDF ... Books written or published in the year 1956. Books portal; 1950s portal ... Text is available under the Creative Commons Attribution ...
The 1956 policy continued to constitute the basic economic policy for a long time. This fact has been confirmed in all the Five-Year Plans of India . According to this resolution the objective of the social and economic policy in India was the establishment of a socialistic pattern of society.
[14] [page needed] Reforms under lead to an increase in the average GDP growth rate from 2.9 percent in the 1970s to 5.6 per cent, although they failed to fix systemic issues with the Licence Raj. [ 13 ] [ citation needed ] Despite Rajiv Gandhi's dream for more systemic reforms, the Bofors scandal tarnished his government's reputation and ...
Chaudhary Ajit Singh was one of the most dynamic leaders of India, especially worked for farmers and on economic condition of India. When Chaudhary Ajit Singh was Commerce and Industry Minister in V. P. Singh's government, he drafted and tried to pass the bill against License Raj, which was unsuccessful since most of the parties were against it.
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Oklahoma's education board has revoked the license of a former teacher who drew national attention during surging book-ban efforts across the U.S. in 2022 when she covered part of her classroom ...
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