Economics · Economic Planning
Economic reforms in the early 1990s were introduced in India mainly because:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Planning had completely failed to create any assets
- 2All planning objectives were fully achieved
- 3Limitations and structural inefficiencies of the planning system became evident✓
- 4Planning was no longer required in any form for the economy
Correct answer
Limitations and structural inefficiencies of the planning system became evident
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