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Not a feature of New Economic Policy

APrivatisation

BLiberalisation

CSocialisation

DGlobalisation

Answer:

C. Socialisation

Read Explanation:

The policy is built entirely around the LPG model:

  • Liberalization: Abolishing the "License Raj", reducing industrial licensing, and lifting unnecessary government restrictions on private businesses.

  • Privatization: Reducing government ownership and control, and increasing private sector participation in state-run enterprises.

  • Globalization: Integrating the Indian economy with the world through lower import tariffs, currency devaluation, and encouraging Foreign Direct Investment (FDI). [1, 2, 3, 4, 5]


Related Questions:

What does LPG stand for in the context of India's economic reforms?
One of the primary goals of the New Economic Policy of 1991 was to control which of the following?

ഉദാരവത്കരണവുമായി ബന്ധപ്പെട്ട് ചേരുംപടി ചേർക്കുക

Consider this case: A state government implements a new e-Tendering platform. Within a year, bidding transparency improves, participation from small firms rises and cost savings are achieved. Which governance principles are directly demonstrated here?
1991-ലെ പുതിയ സാമ്പത്തിക നയത്തിന്റെ പ്രധാന സവിശേഷതകൾ എന്തൊക്കെ യാണ്?