Development Experience of India · Indian Economic Development

Economic Reforms Since 1991

Analysis of Liberalization, Privatization, and Globalization (LPG) policies in India.

Key Questions

  1. 1What trade-offs were made when India shifted from a closed to an open economy?
  2. 2Who benefited the most from the 1991 reforms, and who was left behind?
  3. 3How did the removal of the 'License Raj' change the incentives for Indian entrepreneurs?

CBSE Learning Outcomes

CBSE: Economic Reforms Since 1991 - LPG Policy - Class 11
Class: Class 11
Subject: Economics
Unit: Development Experience of India
Period: Indian Economic Development

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