Question

write the arguments for and against new economic policies.​

Answer 1

Answer:

Raising the rate of economic growth of India to about 8 per cent at par with other Asian countries like Singapore, Malaysia, Hong Kong, South Korea etc.

(ii) Economic reforms is helping the country to attain growing competitiveness in its industrial sector to face global competition.

(iii) New Economic Policy aims to reduce the extent of poverty and inequality in the distribution of income and wealth.

(iv) The new policy has been taking steps to raise the efficiency and profitability of public sector enterprises.

Answer 2

The New economic policy introduced by the government of India since 1991 has been subjected to same arguments in its favor