Economics · Economic Reforms Since 1991
A major goal of globalization under the New Economic Policy (NEP) 1991 was to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Make India more dependent on imported goods
- 2Encourage inefficiency in domestic industries
- 3Reinforce the license-permit-quota system
- 4Open up the economy to global markets and attract foreign investment✓
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Open up the economy to global markets and attract foreign investment
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