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Question
In the post-independence period, economic reforms were first introduced in India under
Options:
A .  Indira Gandhi Government (1980)
B .  P.V. Narasimha Rao Government (1990)
C .  Rajiv Gandhi Government (1985)
D .  Janata Party Government (1977)
Answer: Option B
Answer: (b)
The economic liberalisation in India refers to ongoing economic reforms in India that started on 24 July 1991.
In 1991, the government of P. V. Narasimha Rao and his finance minister Manmohan Singh (currently the Prime Minister of India) started breakthrough reforms which included opening for international trade and investment, deregulation, initiation of privatization, tax reforms, and inflation controlling measures.

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