I. Introduction
The New Economic Policies (NEP) were initiated in June 1991 by the Narasimha Rao Government within days of its taking office. There was little hint in its manifesto drafted to fight the elections in May 1991 that anything like this would be initiated by it if it came to power. Dr Manmohan Singh was chosen to be the Finance Minister of this government. In the past two decades of the working of these policies, the basic parameters of the economy and society have undergone a (…)
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Two Decades of New Economic Policies
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