Explain the various positive and negative impacts of LPG Policy?

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Solution

Positive impact of LPG policy :
a. Increase in the growth rate of GDP
b. Safety-check on fiscal deficit
c. Stimulating industrial production
Negative impact of LPG policy:
a. Ignored agricultural sector
b. Uneven growth process
c. Increase in consumerism

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Explain the various positive and negative impacts of LPG Policy?

Positive impact of LPG policy :a. Increase in the growth rate of GDPb. Safety-check on fiscal deficitc. Stimulating industrial productionNegative impact of LPG policy:a. Ignored agricultural sectorb. Uneven growth processc. Increase in consumerism

Positive impact of LPG policy :
a. Increase in the growth rate of GDP
b. Safety-check on fiscal deficit
c. Stimulating industrial production
Negative impact of LPG policy:
a. Ignored agricultural sector
b. Uneven growth process
c. Increase in consumerism