Economics · Indian Economic History
The 'New Economic Policy, 1991' in India was primarily initiated due to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Low literacy and skill development
- 2Balance of Payments crisis and fiscal deficits✓
- 3Worsening environmental crisis
- 4High agricultural output
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Balance of Payments crisis and fiscal deficits
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