Liberalisation, Privatisation, and Globalisation: Know All About LPG in Classes With News18
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LPG were part of the stabilisation measures undertaken by the government under the New Economic Policy (Representative Image/PTI) Modern-day India is the product of some decisions that were taken to handle the 1990 economic crisis. Let us understand one of the major reforms of LPG in Classes With News18 For the last two years, the world has been restricted to homes. Daily activities that couldn’t be managed without stepping out, came indoors all at once — from office to grocery shopping and schools. As the world accepts the new normal, News18 launches weekly classes for school children, explaining key chapters with examples from happenings around the world. While we try to simplify your subjects, a request to break down a topic can be tweeted @news18dotcom . LPG or Liberalisation, Privatisation, and Globalisation are the three elements of the new economic model of the country. Economic liberalisation refers to the reduction or elimination of government regulations or rest