Question

what are the problems that forces indian govt to establish new economic policies in india?​

Answer 1

Answer:

The economic liberalization in India refers to the economic liberalization of the country's economic policies with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment.[1][2] Although unsuccessful attempts at liberalization were made in 1966 and the early 1980s, full liberalization was initiated in 1991. Specific changes included reducing import tariffs, deregulating markets, and reducing taxes, all of which lead to an increase in foreign investment and high economic growth in the 1990s and 2000s.