Question

Explain the LPG model of the government to promote economic growth.

Answer 1

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 Liberalisation, Privatisation and Globalisation model. ... These economic reforms had influenced the overall economic growth of the country in a significant manner

Answer 2

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 Liberalisation, Privatisation and Globalisation model. ... These economic reforms had influenced the overall economic growth of the country in a significant manner.