Economy, asked by dagars1115, 1 year ago

What is LPG model of growth?

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Answered by Anonymous

2

Answer:

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LPG model stand for Liberalization, Privatization and Globalization. In 1947, India got freedom but at that time the main problem was India's economy. To develop India's economy LPG model was followed. India's economy growth was not too good due to lack of proper resources, poor financial and industrial development.

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