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What is the main feature of new economic policy

Posted by Manju Singh 6 years, 6 months ago

CBSE > Class 10 > Social Science

2 answers

Yogita Ingle 6 years, 6 months ago

The three main aspects of the economic reforms in India are:

Liberalization – where the government changed several economic policies to create an environment of freedom for economic decision-making.
Privatization – the government had reserved 17 industries for the public sector. It gave 11 out of these to the private sector.
Globalization – Both liberalization and privatization of the public sector enterprises led to the globalization of the Indian economy.

0Thank You

Abhay Singh 6 years, 6 months ago

liberalisation, privatisation, globalisation of the economy, new public sector policy, modernisation , financial reform

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