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  2. Oct 5, 2023 · Learn about the background, objectives, and major reforms of the economic liberalization, privatization, and globalization (LPG) policy in India in 1991. Find out how the reforms affected fiscal, industrial, foreign investment, trade, and tax policies.

  3. Oct 14, 2019 · Learn about the New Economic Policy (NEP) of India, also known as the LPG model, launched in 1991 by Manmohan Singh. Find out the main objectives, measures, features and impacts of the NEP on the Indian economy.

  4. May 26, 2024 · The LPG reforms under the New Economic Policy of 1991 introduced measures that opened up the Indian economy and reduced government restrictions. The features of the LPG Policy in India can be summarized as follows.

  5. Learn about the LPG reforms of 1991, which are also known as liberalisation, privatisation and globalisation. Find out the factors, elements, features and outcomes of the LPG policy for UPSC exam preparation.

  6. The crisis in 1991 served as a catalyst for the government to initiate a more comprehensive economic reform agenda, including Liberalisation, Privatisation and Globalisation referred to as LPG reforms.

  7. 2 days ago · Learn about the Liberalization, Privatization, and Globalization (LPG) policy introduced by the Indian government in 1991. Find out the conditions, elements, positive and negative impacts of LPG on the economy.

  8. LPG stands for Liberalization, Privatization, and Globalization. India under its New Economic Policy approached International Banks for development of the country. These agencies asked Indian Government to open its restrictions on trade done by the private sector and between India and other countries.

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