Economic Policy of India since 1991



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Contents

Features of the Economic Policy of 1991


Description: Liberalization, privatization, globalization; tax reforms; foreign investment; trade, industrial, financial reforms; technology; infrastructure; disinvestment.


Measures taken for Liberalisation


Description: Industrial de-licensing, reduced tariffs, eased FDI norms, deregulation, export promotion, simplified taxes, market-driven economy.


Evaluation of the Economic Policy of 1991


Description: Boosted growth, attracted investments, reduced poverty; widened inequality, jobless growth, environmental concerns, regional imbalances persisted.


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