Economy, asked by tarikicmab7274, 10 months ago

All the Positive and Negative impact of LPG policies in India

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Answered by Skyman5
3

Answer:

LPG stands for Liberalization, Privatization, and Globalization. India under its New Economic Policy approached International Banks for development of the country. These agencies asked Indian Government to open its restrictions on trade done by the private sector and between India and other countries.LPG The economy of India had undergone significant policy shifts in the beginning of the 1990s. This new model of economic reforms is commonly known as the LPG or Liberalization, Privatization and Globalization model.

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