Liberalisation, Privatisation and Globalisation : An Appraisal NCERT Solutions for Class 11 Indian Economic Development
Liberalisation, Privatisation and Globalisation : An Appraisal NCERT Solutions for Class 11 Indian Economic Development 1. Why were reforms introduced in India? Ans: Reforms were introduced in India in 1991 to address severe economic crises marked by a balance of payments crisis, high fiscal deficits, external debt, and low foreign exchange reserves. The government, led …