It is a fair outline of the given topic.but i would like to attempt to further add into the outline especially in current economic scenario and reasons for deregulation.
In my humble opinion the portion of an outline dealing with current economic state of affairs shall contain following points as well
(1) the performanance of manufacturing sector(industrial sector)
(2) performance of agricultural sector.
(3) foreign trade
(a) exports
(b)imports
and the portion pertaining to causes of deregulation shall contain following reasons as well.
(1) World Trade Organization
(2) meeting the conditions of International Financial Institues(IFIs)
(3) to balance trade deficit.
(4) attracting FDI.
i hope i would be guided on this.