Question

Briefly explain two problems of economic reforms in india ​

Answer 1

Answer:

This specified deregulation, increased foreign direct investment, liberalization of the trade regime, reforming domestic interest rates, strengthening capital markets (stock exchanges), and initiating public enterprise reform (selling off public enterprises).

Answer 2

Since 1991, the Indian economy has pursued free market liberalisation, greater openness in trade and increase investment in infrastructure. ... However, the economy still faces various problems and challenges, such as corruption, lack of infrastructure, poverty in rural areas and poor tax collection rates.

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