Knowledge Themes
Balance of Payments Crisis 1991
Liberalisation Privatisation and Globalisation (LPG)
Abolition of Industrial Licensing (License Raj)
Devaluation of the Indian Rupee
Foreign Exchange Management Act (FEMA)
Disinvestment of Public Sector Undertakings (PSUs)
MRTP Act Amendment 1991
Financial Sector Reforms (Narasimham Committee)
Tax Reforms (Raja Chelliah Committee)
Export-Import Policy 1992-97
Current Account Convertibility
GATT and World Trade Organization (WTO) Integration
Structural Adjustment Programmes (IMF/World Bank)
Special Economic Zones (SEZs)
Foreign Direct Investment (FDI) Policy Reforms
Structural Subtopics
- Balance of Payments Crisis of 1991
- Abolition of Industrial Licensing (License Raj)
- De-reservation of Public Sector Undertakings
- Disinvestment Policy and Mechanisms
- Devaluation of the Indian Rupee
- Replacement of FERA with FEMA
- Reduction and Rationalization of Import Tariffs
- Impact on Service-led Growth Model
- Trends in Income Inequality and Jobless Growth
- Shift from State-led Planning to Market-driven Economy
- Role of P.V. Narasimha Rao and Dr. Manmohan Singh
- Conditionalities of IMF and World Bank Loans
- Impact on Small Scale Industries (SSI)
- Structural Adjustment Programmes (SAPs)
- Social Impact on Poverty and Informalization of Labor
Study Material
Full AI-synthesized study material for New Economic Policy 1991 — LPG Reforms & Impact is being calibrated.
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