India's economic reforms have focused on

Question

Quizplus · Accepted Answer

India's economic reforms aimed to privatize state-owned enterprises and increase efficiency by reducing government intervention, liberalizing foreign investment policies, and encouraging market competition. These reforms started in the 1990s and have helped India become one of the fastest-growing major economies globally. While reducing inflation and current account deficits were also objectives of the economic reforms, privatization and efficiency were primary goals.

India's Economic Reforms Have Focused on