Question

Public sector enterprises were continuously making losses therefore the government decided to introduce some major reforms in the public sector in its New industrial policy announced in 1991. Explain any three such major reforms introduced in this area.

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Answer 1

Answer:

Some of the important policy initiatives introduced in the budget for the year 1991-92 for correcting the fiscal imbalance were: reduction in fertilizer subsidy, abolition of subsidy on sugar, disinvestment of a part of the government's equity holdings in select public sector undertakings, and acceptance of major ...

Explanation:

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