Question

NEW ECONOMIC POLICY 1991 an essay​

Answer 1

Answer:

New Economic Policy of India was launched in the year 1991 under the leadership of P. V. Narasimha Rao. ... In this New Economic Policy P. V. Narasimha Rao government reduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export.

Explanation:

The New Economic Policy of 1991 included standard structural adjustment measures including the devaluation of the rupee, increase in interest rates, reduction in public investment and expenditure, reduction in public sector food and fertilizer subsidies, increase in imports and foreign investment in capital-intensive ..

Answer 2

Answer:

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Economic Policy of India was launched in the year 1991 under the leadership of P. V. Narasimha Rao. ... In this New Economic Policy P. V. Narasimha Rao government reduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export.

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