Economics · Economy
How did the Economic Reforms of 1991 majorly impact the public sector industries in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Completely abolished all public sector enterprises
- 2Led to the creation of new public monopolies in major sectors
- 3Increased the dominance and reservation of public sector enterprises
- 4Encouraged disinvestment and reduced government control✓
Correct answer
Encouraged disinvestment and reduced government control
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