New Economic Policy 1991 | Why NEP?| Reforms under liberalization| Industrial & Financial Reforms

So the government finally has to revisit the policy after the reforms we have studied between 1950-1990. And govt came up with new Economic Policy, 1991. We have covered how the new economic policy was adopted, the reasons behind its compulsion rather than a choice.
Then we saw how Liberalisation, Privatisation & Globalisation came into action. And then we deep dive into the reforms of Liberalisation and covers the detail of reforms under liberalisation.
We have covered two reforms out of five under liberalisation i.e Industrial Sector Reforms and Financial Sector Reforms.
Properly understand and revise these, then we will move ahead with other reforms in the next video. these are very important topic and must asked question in exam.
So study thoroughly and make notes out of this video. If you have any queries, the comment box is always open for you all.
Happy Reading!
Keep studying, Keep Slaying
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