what circumstances led india to follow economic liberalisation?
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The economic liberalisation in India refers to the changes and reforms, initiated in 1991, 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.
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Circumstances led India to follow economic liberalisation mainly refers as changes and reforms in 1991 and country's economic policies having set the goal for making the economy in the market- and service-oriented to expand role of private as well as foreign investment.
Many number of changes are made as part of the conditions that is mainly laid in World Bank as well as IMF with condition.
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