Indian Economic Policy After 1991
Indian Economic Policy After 1991
Indian Economic Policy After 1991: Due to the fall of the Soviet Union and the problems in balance of payment accounts, the country faced economic crisis and the IMF was asked for the bailout loan. At this crucial juncture, the then Prime Minister Narasimha Rao and his Finance Minister Manmohan Singh initiated the economic liberalisation, which changed the economic face of the country. The reforms put an end to 'Red tapeism' and also to several public monopolies. Foreign direct investments in a number of sectors started pouring in.The year 1991 is considered to be one of the mílestones in India economic reform as it changed the market and financial scenario of the country. Under the liberalisation program, foreign direct investment was encouraged, public monopolies were stopped, and service and tertiary sectors were developed. Since the initiation of the liberalisation plan in the 1990s, the econonic reforms have put emphasis on the open market economic policies. Foreign investments have come in various sectors and there has been a good growth in the standard of living, per capital income and Gross Domestic Product.
During the last few years of economic reforms, India saw some important changes in the liberalisation and rationalisation of
The process of economic liberalization in India is considered to be begin ________________________ | |||
| Right Option : C | |||
| View Explanation | |||
Students / Parents Reviews [10]
A marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
Archit Segal
7thIt was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
Eshan Arora
8thAbhyas Methodology is very good. It is based on according to student and each child manages accordingly to its properly. Methodology has improved the abilities of students to shine them in future.
Manish Kumar
10thMy experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
Ayan Ghosh
8thBeing a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.
Prisha Gupta
8thOne of the best institutes to develope a child interest in studies.Provides SST and English knowledge also unlike other institutes. Teachers are co operative and friendly online tests andPPT develope practical knowledge also.
Aman Kumar Shrivastava
10thI have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying
Yatharthi Sharma
10thIt was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
Cheshta
10thMy experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
Hiya Gupta
8thAbout Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
