Economic Reforms in the 1990s
Introduction The economic reforms introduced in India during the 1990s marked a turning point in the country’s development trajectory. Triggered by a severe balance of payments crisis, these reforms aimed at liberalizing the economy, reducing state control, and integrating with the global market. Often referred to as the LPG reforms—Liberalization, Privatization, and Globalization—they fundamentally altered […]
Economic Reforms in the 1990s Read More »