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What do you mean by economic reforms?
By economic reforms we mean a change in the set of policies from one period to another.
When was economic reform programme introduced in the Indian economy?
The economic reforms programme was introduced in the Indian Economy in 1991.
Write down the components of New Economic Policy?
The components of new economic policy are (i) Liberalisation, (ii) Privatisation and (iii) Globalisation.
What is the main aim of the New Economic Policy?
The main aim of new economic policy is to make our production units more efficient and highly productive.