distinguish between the stabilization measures and the structural reforms measures u der NEP 1991
Dear student
new economic policy set is divided into stabilisation measures and structural reforms.
stabilisation measures are short term measures that intend to correct few weaknesses that have developed in the balance of payments and to keep the prices under control.
structural reforms policies intended to improve the efficiency of the economy and increase its competitivenss in the international market by removing hurdles in various sections of indian economy.
Regards
new economic policy set is divided into stabilisation measures and structural reforms.
stabilisation measures are short term measures that intend to correct few weaknesses that have developed in the balance of payments and to keep the prices under control.
structural reforms policies intended to improve the efficiency of the economy and increase its competitivenss in the international market by removing hurdles in various sections of indian economy.
Regards