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Liberalisation, Privatisation And Globalisation : An Appraisal
What does foreign direct investinent mean?
It refers to investment directly undertaken by the foreign companies and nationals in various sectors of the economy.
What does fiscal deficit indicate?
It indicates the borrowing requirements of the government.
How did the government promote exports before 1991?
Tax concessions and subsidies to exporters.
When was new economic policy adopted?
The new economic policy was adopted in 1991.