Economics · Second Phase of Economic Reforms
What is the primary objective of the second phase of economic reforms in India?
- 1Achieving industrial growth only through public sector enterprises
- 2Focusing solely on agricultural growth and rural development
- 3Achieving 10-12% growth rate, privatization, and foreign direct investment
- 4Achieving 7-8% growth rate, sustainable inclusive development, and employment generation✓
Correct answer
Achieving 7-8% growth rate, sustainable inclusive development, and employment generation
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