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What are the objectives of NEP 1991?
1.
What are the objectives of NEP 1991?
Answer»
To make the Indian economy market oriented by introducing it in the arena of globalization. To bring down the rate of inflation.
To move towards a higher economic growth rate.
To build sufficient foreign exchange reserve.
To achieve economic stabilization.
To promote international trade by removing restrictions.
To increase the participation of private players in all sectors of the economy.
To reduce the reserved numbers of sectors for the government.
To reduce the gap between import and export (BOP).
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