when was the major turning point of India trastion
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The turning point came in 1991, when India discarded its failed socialist style planned economic model and embraced the market economy. Facing a severe balance of payments crisis, India's government radically removed licensing requirements and opened up to foreign trade and investment.
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1991
The turning point came in 1991,when the India discarded it's failed socialist style planned economic model and embraced the economy
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