Economy, asked by Jacob6382, 1 year ago

When was the new economic policy enforced in india?

Answers

Answered by ams68

1991

India's New Economic Policy of 1991 was a neoliberal Structural Adjustment Program that allowed India to qualify for aid from the World Bank and IMF. In 1990, India faced an economic crisis and was "on the brink of default" on its debts.

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