Social Sciences, asked by ishuism000, 2 months ago

critically appraise the new economic policy 1991

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Answered by Anonymous

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New economic policy of India was launched in the year 1991 under the leadership of PV Narsimha Rao . Narsimha Rao government reduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export. This is also known as LPG Model of growth.

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