Question

What are the feature of NEP (New Economic Policy) of 1991?

Answer 1

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The New Economic Policy comprises the set of policy measures introduced since July 1991.The objective of NEP is to improve the efficiency of the system in total and creating a more competitive environment in the economy as a means to improving the productivity and efficiency of the system in particular.
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Answer 2

features of new economic policy of 1991 was to protect indian componies