Question

Write about New Economic policy of India.??

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Answer 1

New Economic Policy of India was launched in the year 1991 under the leadership of P. V. Narasimha Rao. ... In this New Economic Policy P. V. Narasimha Rao government reduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export.

Answer 2

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New Economic Policy of India was launched in the year 1991 under the leadership of P. V. ... Narasimha Rao government reduced the import duties, opened reserved sector for the private players, devalued the Indian currency to increase the export