1980s Economic Buoyancy

IE-IFS An Overview of Indian Economy Free JAIIB Capsule 48 views Updated
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IE-IFS · An Overview of Indian Economy
What characterized the Indian economy during the 1980-1990 period?
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Economic recovery breaking the 'Hindu Rate of Growth' via fiscal stimulus.
Higher government spending and liberalised import policies boosted capital goods and luxury production.
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1980s Economic Buoyancy — Full Text

What characterized the Indian economy during the 1980-1990 period?

Answer

Economic recovery breaking the 'Hindu Rate of Growth' via fiscal stimulus.

Additional notes

Higher government spending and liberalised import policies boosted capital goods and luxury production.

Part of Indian Economy & Indian Financial System · An Overview of Indian Economy · Last updated

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