New Economic Policy 1991 India | 1991 Economic Crisis in India | BOP Crisis India 1991 | alexplain | al explain | alex plain | alex explain

1991 Economic crisis in India or the BOP crisis 1991 and the New economic policy 1991 are discussed in the background of the Sri Lanka economic crisis. This video explains the condition of the Indian economy in 1991 and how it lead to the 1991 economic crisis in India and how it lead to the formulation of the new economic policy in 1991. The reasons that lead to the Balance of Payment (BOP Crisis) are discussed in detail. The video also discusses the method used by Sri Narasimha Rao and Dr. Manmohan Singh to tackle the economic crisis by introducing the New economic policy in 1991. The LPG reforms which led to Liberalisation, Privatisation and globalization of the Indian economy are explained in detail.

#bopcrisis #economiccrisi1991 #neweconomicpolicy

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