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STRUCTURAL CHANGES IN INDIAN
ECONOMY IN POST 1991 PERIOD
• Economic reforms in India 1991 indicate the onset of the country’s economy to
increase the function of the private sector and international investment.
• In 1991, India faced an unusual economic crisis, leading to reforming its absolute
financial position and fundamental transformation in monetary policy.
• The main objective of the Economic Reforms in India 1991 was to penetrate the
domain of globalization and drive the economy to be more market-aligned.
• Economic Reforms in India 1991 got in LGP reforms in the country.
• LPG – Liberalization, Privatization, Globalization
• Aimed to open up the economy by applying these measures and load India to
evolve as a market economy from the old Soviet-Model economy.
arundhati .pptx ccs university ba llb student

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arundhati .pptx ccs university ba llb student

  • 1. STRUCTURAL CHANGES IN INDIAN ECONOMY IN POST 1991 PERIOD • Economic reforms in India 1991 indicate the onset of the country’s economy to increase the function of the private sector and international investment. • In 1991, India faced an unusual economic crisis, leading to reforming its absolute financial position and fundamental transformation in monetary policy. • The main objective of the Economic Reforms in India 1991 was to penetrate the domain of globalization and drive the economy to be more market-aligned. • Economic Reforms in India 1991 got in LGP reforms in the country. • LPG – Liberalization, Privatization, Globalization • Aimed to open up the economy by applying these measures and load India to evolve as a market economy from the old Soviet-Model economy.