what is the meaning of liberalisation? mention in benefits

Dear student,

Liberalisation is the process or means of the elimination of control of the state over economic activities. It provides a greater autonomy to the business enterprises in decision-making and eliminates government interference.

Benefits of liberalisation are- 

Free flow of capital: Liberalisation has enhanced the flow of capital by making it affordable for  the businesses to reach the capital from investors and take a profitable project.

Diversity for investors: The investors will be benefited by investing a portion of their business into a diversifying asset class.

Impact on agriculture: In this area, the cropping designs have experienced a huge change, but the impact of liberalisation cannot be accurately measured. Government’s restrictions and interventions can be seen from the production to the distribution of the crops.

Regards.

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