Economy, asked by tanshuverma003, 11 months ago

discuss the various reason for making economic reforms​

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Answered by Anonymous
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Answer:

HEYA DEAR❤️

Rise in Fiscal Deficit: To cover the fiscal deficit, the Govt. has to raise loans and pay interest on it. Due to rise in fiscal deficit there was rise in public debt and interest. caught in debt trap. So Govt. has to resort to economic reforms.

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