Economy, asked by solutions5647, 1 year ago

New economic policy of india 1991 introduction

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Answered by jaisika16

Answer:

New Economic Policy of India was launched in the year 1991 under the leadership of P. V. ... Narasimha Rao government reduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export. This is also known as the LPG Model of growth.

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