Discuss the impact of the new economic policy on the rural economy
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Following are the main impacts and aspects of new economic policy.
- Liberlisation:- It means removing of all trade barriers and restrictions, and make the economy more comfortable and competitive.
- Privatisation:- It means removing strict control over private sector and making free to take decision
- Globalization:- It means free interaction among economies of the world in the field of trade, finance, production, technologies, investment, etc.
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