0 valutazioniIl 0% ha trovato utile questo documento (0 voti)
19 visualizzazioni11 pagine
India's economy was facing serious issues in the early 1990s with large fiscal deficits and little foreign exchange reserves. In 1991, then Finance Minister Dr. Manmohan Singh introduced major economic reforms including liberalization of imports and encouraging private sector participation in key industries. These reforms, known as LPG (Liberalization, Privatization and Globalization), helped open India's economy to global trade and investment and set it on a path of high economic growth and development.
India's economy was facing serious issues in the early 1990s with large fiscal deficits and little foreign exchange reserves. In 1991, then Finance Minister Dr. Manmohan Singh introduced major economic reforms including liberalization of imports and encouraging private sector participation in key industries. These reforms, known as LPG (Liberalization, Privatization and Globalization), helped open India's economy to global trade and investment and set it on a path of high economic growth and development.
India's economy was facing serious issues in the early 1990s with large fiscal deficits and little foreign exchange reserves. In 1991, then Finance Minister Dr. Manmohan Singh introduced major economic reforms including liberalization of imports and encouraging private sector participation in key industries. These reforms, known as LPG (Liberalization, Privatization and Globalization), helped open India's economy to global trade and investment and set it on a path of high economic growth and development.