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GS 3:  Effects of liberalization on the economy, Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

  1. One of the strongest justifications for the economic liberalization that began in the 1980s is that it not only raised growth rates but that growth percolated down to the poorest people. Do you agree? Analyse in the light of the development of inclusive growth after LPG reforms.
  2. Budget 2018 pushed for a robust corporate bond market to satisfy the financing needs of corporates. Why the bond market is so important for the Indian economy and analyse the measures proposed in the Budget 2017-18 to achieve the objective?