New Economic Policy (India)

GPTKB entity

Statements (48)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:aimsTo economic growth
attracting foreign investment
reducing government control
gptkbp:announced gptkb:Manmohan_Singh
gptkb:P._V._Narasimha_Rao
1991
gptkbp:component banking sector reforms
tax reforms
promotion of exports
financial sector reforms
exchange rate adjustment
abolition of industrial licensing
convertibility of rupee
encouragement of competition
encouragement of foreign technology
encouragement of joint ventures
encouragement of private investment
industrial policy reforms
insurance sector reforms
privatization of public sector enterprises
public sector policy reforms
reduction of custom duties
reduction of fiscal deficit
reduction of government intervention in business
reduction of import quotas
reduction of public sector monopoly
reduction of subsidies
reform of capital markets
removal of MRTP restrictions
trade policy reforms
simplification of procedures for foreign investment
gptkbp:country gptkb:India
gptkbp:effect increased foreign direct investment
growth of private sector
deregulation of markets
disinvestment in public sector units
reduction in import tariffs
gptkbp:focus gptkb:government
globalization
liberalization
https://www.w3.org/2000/01/rdf-schema#label New Economic Policy (India)
gptkbp:legislature gptkb:Industrial_Policy_Statement_1991
gptkb:Foreign_Exchange_Management_Act,_1999
gptkbp:relatedEvent gptkb:1991_Indian_economic_crisis
gptkbp:replacedBy gptkb:License_Raj
gptkbp:bfsParent gptkb:NEP
gptkbp:bfsLayer 6