UPSC Mains 30 Years Economic Reforms | Part 1 | Dr. Vibhas Jha I Indian Economy
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- Опубліковано 9 вер 2024
- Dear IAS Aspirants
July 2021 marks the 30th anniversary of the historic economic reforms in India.
The country was facing an acute economic crisis, due to an increase in world crude oil prices
and a sharp reduction in the forex reserve due to a sharp decline in capital inflows. The government brought in policy reforms to speed up economic growth. The reforms began with the devaluation of the rupee on July 1, 1991, followed by a second round of transfer of a total of 46.91 tonnes of gold from the reserve assets of the RBI in Mumbai to the Bank of England, which enabled India to borrow $400 million to solve its liquidity problems.
The government announced a new industrial policy to liberalise the economy, increase employment opportunities, boost production and productivity, make Central public sector
units more competitive, and encourage foreign investments. The policy had deregulated the
industrial sector substantially.
In this video, Dr. Vibhas Jha will be critically analysing the topic - 30 years of economic
reforms, 1991.
The discussion will also give you an insight on mains answer writing. Topics covered will
be
A) Reasons for Economic Crisis of 1991
1. High Fiscal Deficit
Crowding out Effect
Crowding In effect
2. Very High Inflation
3. Very High Current Account Deficit
4. Very High amount of short term foreign loans.
5. Disintegration of USSR
B: The Crisis
C: Economic Reforms
1. Micro Economic Structural Reforms
2. Macro-Economic Stabilization
D. Liberalisation, Privatisation, Globalisation.
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Dr. Vibhas Jha is a senior faculty of Economics (Optional) and Indian Economy (GS) at NEXT IAS. He is well known for his excellent conceptual clarity and presentation skills with an enormous teaching experience of over 21 years. He has guided a lot of successful candidates including top rankers.
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Sir, you are one of the best Economic experts. Teaching skills are excellent.
Never ever across such good teacher ....
Eagerly waited for your lectures, sir. Thank you for making your classes interactive and at the same time interesting to listen to and learn new things.
Dear Nayan, Glad you like it.
Stay tuned for the upcoming videos!
One of the best lecture i hv ever attended ! Such lucid explanation ..
Good sir thanks
Very helpful. Thank you Vibhas sir.
Dear Sandeep, Glad you like it!
Keep Learning and Keep Sharing.
Please do video on inclusive growth and sustainable development...
Absolutely amazing lecture.
Cristal clear explanation Sir.
Dear Shivani, Glad you like it!
Keep Learning and Keep Sharing.
Best explanation
All are lucky to get next ias faculty as their mentor🙏
Could you please upload continuation videos,i honestly require then at this moment ,this helps my preparation futher,thank you .
Amazing Very informative class
Dear Kanishk, Glad you like it.
Keep Learning and Keep Sharing.
Sir r u going to start same course like lat year u have done in nominal price for mains previous years question and practice questions for mains 2021.
please bring 2nd part of this class please
Please upload second part of the video..It's been a long time when part I was uploaded
pls upload part 2
Optional economics lecture old Pepper 1
Can you provide continuations of this class
Sir please upload videos of related series
Where do i look for part 2 ?
Part 2 video
Where can we find
Where is remaining part
What about part 2
*when will be part 2 uploaded?*
Part 2 will be uploaded soon.
Stay Tuned!
Not yet uploaded
@@vishnuvarthan456 🤣🤣
Iska next video bhi upload kiya jaye please
Dear Aspirant, More videos will be uploaded soon!
Keep Learning and Keep Sharing.
Very good morning sir
Sir, please upload part two of economic reforms.
Dear Aspirant, Part 2 will be uploaded soon.
Stay Tuned!
Next IAS एक वीडियो सिर्फ लॉलीपॉप की तरह डाल के शांत हो जाता है पूरी सीरीज तो पूरा करवा देते
Dear Aspirant, The rest parts of this series will be uploaded soon. Stay Tuned!
Gd morning sir
Sorry it is sir
You can simply edit your comment.