Economic liberalization (1991)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:economic_policy gptkb:historical_event
gptkbp:category	reforms in India economic history of India 1991 in India
gptkbp:cause	balance of payments crisis
gptkbp:country	gptkb:India
gptkbp:date	1991
gptkbp:effect	rapid economic growth growth of middle class increase in income inequality rise in GDP increase in foreign investment expansion of service sector
gptkbp:feature	gptkb:government deregulation opening to foreign investment reduction of taxes devaluation of rupee reduction of import tariffs removal of License Raj
gptkbp:financeMinister	gptkb:Manmohan_Singh
gptkbp:launched	gptkb:P._V._Narasimha_Rao
gptkbp:location	gptkb:India
gptkbp:precededBy	gptkb:License_Raj
gptkbp:relatedTo	gptkb:International_Monetary_Fund gptkb:World_Bank gptkb:Washington_Consensus
gptkbp:bfsParent	gptkb:Republic_of_India_(post-1962) gptkb:The_History_of_India gptkb:India_(20th_century)
gptkbp:bfsLayer	8
https://www.w3.org/2000/01/rdf-schema#label	Economic liberalization (1991)