What is the circumstance led india to follow economic liberisation?
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Starting around 1991,some far reaching changes in policy were made in India.
The government felt that the had come for Indian producers to compete with producers around the world.
It felt that competition would improve the performance of producers within the country, since they would have to improve their quality.
The decision was supported by powerful international organisation.
Thus India follow Liberalisation.
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ambilikumari1978:
Plz confirm whether it Liberisation or Liberalisation..
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