Question

Write three features of economic reforms or new  economic policy.

Answer 1

Its three characteristics are as follows:

1. Liberalization of the economy : Various types of facilities are provided by there reforms in the economy. Efforts are being made to improve the country's economy by providing home loans, agricultural loans, industry loans etc.
2. Privatization : The government has provided incentives to many private undertakings. Most of the people of the country are providing services.
3. Globalization : Import of foreign capital through globalization is happening in. This has also increased employment opportunities. The offices of many foreign Corporations are open the country. Due to which the income of the country has increased.