Economics · Indian Economic History
What is considered a key factor for the slowdown and stagnation in certain domestic industrial sectors in India after the 1991 economic reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Complete elimination of regular electricity and power grids
- 2Massive scaling up of public investment in rural infrastructure
- 3Reduced demand for domestic products due to cheaper imports✓
- 4Exponentially increasing domestic demand for capital goods
Correct answer
Reduced demand for domestic products due to cheaper imports
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