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India's major change in development strategy occurred in 1991 because a collapsing Soviet
Union no longer sent major aid flows to India occurred with Nehru's decision in 1948 to promote
foreign direct investment and open markets has been forced on India at the beginning of the 21 st
century because of intense competition from China occurred in 1991 because the country needed
to obtain loans to face a major balance of payments crisis

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  • 1. India's major change in development strategy occurred in 1991 because a collapsing Soviet Union no longer sent major aid flows to India occurred with Nehru's decision in 1948 to promote foreign direct investment and open markets has been forced on India at the beginning of the 21 st century because of intense competition from China occurred in 1991 because the country needed to obtain loans to face a major balance of payments crisis