Question

- The new economy policy has lead to higher inflow of foreign currency in India. Evaluate the
statement.
A for AA​

Answer 1

Answer:

After forty years of planned development, India

has been able to achieve a strong industrial base

and became self-sufficient in the production of food

grains. Nevertheless, a major segment of the

population continues to depend on agriculture for

its livelihood. In 1991, a crisis in the balance of

payments led to the introduction of economic

reforms in the country. This unit is an appraisal of

the reform process and its implications for India.

Explanation: