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प्रश्न
Write a short note on New Economic Policy.
टिप्पणी लिखिए
उत्तर
- India agreed on the conditions of IBRD [World bank] and IMF and announced New Economic Policy [NEP] Which consists of a wide range of economic reforms.
- This new set of economic reforms is commonly known as LPG.
- Liberalization – Relaxation of laws and rules by the Government
- Privatization – PSUs sold to the private sector.
- Globalization – Integration of domestic economy with the world economy.
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Dimensions of New Economic Policy
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