Economics · Economic Reforms of 1991 in India
Which key reform introduced during the 1991 economic liberalization in India specifically addressed the underperformance of public sector enterprises and promoted competitive efficiency in industrial production?
- 1Universalization of the Public Distribution System
- 2Expansion of the Industrial Licensing process
- 3Enactment of the Fiscal Responsibility Act
- 4Disinvestment and Privatization of PSUs✓
Correct answer
Disinvestment and Privatization of PSUs
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