Question

explain the main features of economic reforms introduced in 1991

Answer 1

Hola


Plz mark me brainliest



The economic liberalisation in India refers to the changes and reforms, initiated in 1991, of the country's economic policies, with the goal of making the economy more market- and service-oriented, and expanding the role of private and foreign investment.


Thanks

Answer 2

A mixture of macroeconomic stabilisation and structural adjustment. It was guided by short term and long term objectives. Stabilisation was necessary in the short run to restore balance of payments equilibrium and to control inflation.

Hope it helps you!!