Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
Liberalization, Privatization and Globalization reforms
|
| gptkbp:cause |
Balance of payments crisis
|
| gptkbp:component |
Globalization
Privatization Liberalization |
| gptkbp:country |
gptkb:India
|
| gptkbp:financeMinister |
gptkb:Manmohan_Singh
|
| https://www.w3.org/2000/01/rdf-schema#label |
1991 economic reforms
|
| gptkbp:launched |
gptkb:P._V._Narasimha_Rao
|
| gptkbp:resultedIn |
gptkb:urban_development
trade liberalization tax reforms increased foreign investment expansion of private sector financial sector reforms growth of middle class increase in exports increase in industrial output growth of service sector rise in income inequality devaluation of rupee increase in imports removal of License Raj deregulation of markets industrial policy reforms privatization of public sector enterprises reduction in import tariffs increase in GDP growth rate growth of IT sector increase in competition increase in employment opportunities reduction in poverty rate higher economic growth increase in FDI increase in consumer goods availability increase in economic openness increase in entrepreneurship increase in foreign exchange inflows increase in foreign exchange reserves increase in infrastructure development increase in per capita income increase in private investment increase in stock market activity increase in technological adoption reduction in fiscal deficit reduction in government control |
| gptkbp:year |
1991
|
| gptkbp:bfsParent |
gptkb:License_Raj
|
| gptkbp:bfsLayer |
7
|