Merits of lpg policies explain all please
Positive impact of LPG policies :
1. Increase in the GDP Growth Rate- Growth rate increased from 5.8 % in 1985-90 (seventh five year plan) to 9.0 in 2007-12 (eleventh five year plan).
2. A Safety Check on Fiscal Deficit- Fiscal deficit reduced from 8.5% in 1985-90 to 5.1% in 2010-11.
3. Stimulating Industrial Production- Industrial production increased from nearly 8% in 1990-91 to 16.1% in Feb. 2010.
4. Rise in exports- rise in exports from Rs 44041.8 crores in 1991-92 to Rs 1157474.6 crores in 2010-11.
1. Increase in the GDP Growth Rate- Growth rate increased from 5.8 % in 1985-90 (seventh five year plan) to 9.0 in 2007-12 (eleventh five year plan).
2. A Safety Check on Fiscal Deficit- Fiscal deficit reduced from 8.5% in 1985-90 to 5.1% in 2010-11.
3. Stimulating Industrial Production- Industrial production increased from nearly 8% in 1990-91 to 16.1% in Feb. 2010.
4. Rise in exports- rise in exports from Rs 44041.8 crores in 1991-92 to Rs 1157474.6 crores in 2010-11.