Economy, asked by mahammadaleef7464, 1 year ago

Why were economic reforms needed in India in 1991? Explain its positive impacts.

Answers

Answered by saswat2084
0

In 1991 the trade barrier that was imposed on other countries had been removed.

Government thought that the time has come for the Indian traders to compete with international traders.

This has also proved to be good in the Development of the nation by the improvement in agricultural sector as better manures and fertilisers were available.

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