The changes in the economic policy of India after 1991 has been described as
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The changes in the economic policy of India after 1991 has been described as
Answer:
Liberalization
Explanation:
There was a lowering of tariffs and import taxes, promotion of private investment, an overall lowering of taxes, an increase in foreign investment and FDI, deregulation of markets, etc. Liberalization has been responsible for the economic growth of the country after 1991.
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