Indian Economy has Gone through Many Phases Finance Essay
Since 1991 till date Indian economy has gone through many phases. It has seen many contemporary developments in terms of changing trends in economic growth, inflation, fiscal deficits, capital investment flows (FDI & FIIs),current account and capital accounts convertibility, foreign exchanges reserves etc. In 1991 when India faced major crunch of foreign exchange reserves, it opened up its economy and introduced many economic reforms with more thrust towards globalisation, privatisation and liberalisation. Over the years, out of these various economic […]