Question

why economic reforms started in India ?​

Answer 1

Answer:

Economic Reforms refer to the fundamental changes that were launched in 1991 with the plan of liberalising the economy and for quickening its rate of economic growth. The Narasimha Rao Government, in 1991, started the economic reforms in order to rebuild internal and external faith in the Indian economy.

Answer 2

Explanation:

In order to rebuild internal and external faith in indian economy. the reforms intended at bringing in larger cooperation of the private sector in the growth method of indian economy..