give the meaning of and components of economic reforms
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Meaning of Economic Reforms
Economic Reforms refer to the fundamental changes that were launched in 1991 with the plan of liberalising the economy and for quickening its rate of economic growth. ... The essential features of the economic reforms are – Liberalisation, Privatisation and Globalisation, commonly known as LPG
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Answer:
liberalization
Explanation:
for macroeconomics adjustment.
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