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WebApr 3, 2024 · As per the class 12 syllabus of Indian Development Economics, the major factors that were responsible and let the government came up with the economic reforms since 1991 were: A decrease in foreign exchange reserves: imports grew faster than exports. The unfavourable balance of payments gave rise to a repayment crisis. WebApr 11, 2024 · If you are looking for Indian Economy Handwritten Notes for UPSC Pdf, then you are at the right place.This is Part-1 of Economy Handwritten Notes. Other … WebDec 1, 2024 · The main objectives behind the launching of the New Economic policy (NEP) in 1991 by the union Finance Minister Dr. Manmohan Singh are stated as follows., 1. The … posh home louisville ky