Economic liberalization in 1991

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:economic_policy
gptkbp:cause	balance of payments crisis
gptkbp:component	gptkb:government deregulation reduction of taxes devaluation of rupee opening up to foreign direct investment reduction of import tariffs removal of License Raj
gptkbp:country	gptkb:India
gptkbp:financeMinister	gptkb:Manmohan_Singh
gptkbp:goal	increase economic growth encourage foreign investment promote private sector reduce government control over the economy
https://www.w3.org/2000/01/rdf-schema#label	Economic liberalization in 1991
gptkbp:launched	gptkb:P._V._Narasimha_Rao
gptkbp:policy	gptkb:Structural_Adjustment_Program gptkb:New_Industrial_Policy_of_1991
gptkbp:precededBy	gptkb:License_Raj
gptkbp:relatedEvent	gptkb:1991_Indian_economic_crisis
gptkbp:relatedOrganization	gptkb:International_Monetary_Fund gptkb:World_Bank
gptkbp:resultedIn	growth of middle class increase in exports increase in income inequality increase in foreign investment expansion of service sector increase in imports rapid economic growth in India
gptkbp:startDate	1991
gptkbp:bfsParent	gptkb:History_of_India_(1947–present)
gptkbp:bfsLayer	7