Q & What wery were the reasons that
led to the declartion of the new
economic Policey in 1991?
Answers
Answered by
0
Answer:
Hemant Singh
The main objective was to plunge Indian Economy in to the arena of 'Globalization and to give it a new thrust on market orientation.
The NEP intended to bring down the rate of inflation.
It intended to move towards higher economic growth rate and to build sufficient foreign exchange reserves.
Similar questions