Social Sciences, asked by mimansaaaaaaaxd, 4 months ago

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why were reforms introduced in india​

Answers

Answered by MrsConqueror
1

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Economic reforms were introduced in the year 1991 in India to combat economic crisis. ... It was in that year the Indian government was experiencing huge fiscal deficits, large balance of payment deficits, high inflation level and an acute fall in the foreign exchange reserves.

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Answered by srivedhloka
2

Answer:

Economic reforms were introduced in the year 1991 in India to combat economic crisis. ... It was in that year the Indian government was experiencing huge fiscal deficits, large balance of payment deficits, high inflation level and an acute fall in the foreign exchange reserves.

Explanation:

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