|
gptkbp:instanceOf
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gptkb:economic_policy
|
|
gptkbp:country
|
gptkb:India
|
|
gptkbp:effect
|
expansion of private sector
increase in exports
increase in income inequality
growth of service sector
reduction in poverty
increase in foreign direct investment
rapid economic growth in India
|
|
gptkbp:feature
|
gptkb:government
gptkb:abolition_of_License_Raj
globalization
economic liberalization
deregulation
opening up to foreign investment
reduction of taxes
disinvestment of public sector units
reduction of import tariffs
|
|
gptkbp:financeMinister
|
gptkb:Manmohan_Singh
|
|
gptkbp:followedBy
|
economic reforms in India
|
|
gptkbp:launched
|
gptkb:P._V._Narasimha_Rao
|
|
gptkbp:precededBy
|
gptkb:License_Raj
|
|
gptkbp:purpose
|
address balance of payments crisis
|
|
gptkbp:relatedTo
|
gptkb:International_Monetary_Fund
gptkb:World_Bank
gptkb:New_Economic_Policy_1991
|
|
gptkbp:year
|
1991
|
|
gptkbp:bfsParent
|
gptkb:Post-Independence_India
gptkb:History_of_India
|
|
gptkbp:bfsLayer
|
7
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Liberalization of 1991
|