pursued by India during the past 40 years prior to July ,1991, often dubbed as “license –control raj” was described as … happy as they thought LPG reforms would free India from a rapacious and domineering state. These individuals were under the … intoxication of opium of globalization. They had forgotten the economic history. But history repeats itself. India by the end of …

world. The COVID-19 outbreak has proved to be devastating to the economies around the world. India’s GDP has been affected … by the negative touchdown. Government of India has taken several steps to help the individuals, corporations and startups …” (hereinafter referred to as “Relaxation ordinance”) and “Self-reliant India” that tries to achieve the objective. These policies …

the financial crisis morphed in to a full-blown global economic downturn, India could not escape the second round effects …. The global crisis has affected India through three distinct channels: financial markets, trade flows, and exchange rates … India took aggressive countercyclical measures, sharply relaxing monetary policy and introducing a fiscal stimulus to boost …