Liberalisation, Privatisation And Globalisation : An Appraisal

Question

What are the objectives of New Economic Policy?

Answer

The objectives of New Economic Policy are:

(i) To reduce the domestic inflation rate.

(ii) To improve the efficiency and productivity of the economy.

(iii) To put the economy back on the path of sustainable growth with social justice.

(iv) To improve the balance of payment situation.

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