Mention two main features of New Economic Policy in India?
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Features of New Economic Policies of India
Liberalisation: The new economic policy has made provision for liberalizing the economy against unnecessary controls and regulations. ...
Privatisation: ...
Globalisation of the Economy: ...
New Public Sector Policy: ...
Modernisation: ...
Financial Reforms: ...
Fiscal Reforms
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Hemant Singh. New Economic Policy refers to economic liberalisation or relaxation in the import tariffs, deregulation of markets or opening the markets for private and foreign players, and reduction of taxes to expand the economic wings of the country.
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