![]() With the onset of reforms to liberalize the Indian economy in July of 1991, a new chapter has dawned for India and her billion plus population. The series of reforms undertaken with respect to industrial sector, trade as well as financial sector aimed at making the economy more efficient. The new economic reform, popularly known as, Liberalization, Privatization and Globalization (LPG model) aimed at making the Indian economy as fastest growing economy and globally competitive. Indian economy had experienced major policy changes in early 1990s.
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