Question

state the three argument in favour of nep​

Answer 1

Explanation:

• increases in the growth rate of GDP the higher economic growth rates were experienced due to the economic reforms in the free liberalised period despite various growth measure of government in the economic growth rate of India was lower than 4% per annum
• stimulating industrial production under reforms process Indian industries are now experiencing increases growth rates due to increases level of competition foreign
• safety check on fiscal deficit Priar to 1991 due to higher level of non development expenditure of the fiscal deficit of India was as higher as 8.5 of GDP of the government

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