How successful is the LPG policy initiated in 1991?
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Answer Posted / Jai Srivastava
The Liberalization, Privatization, and Globalization (LPG) policy initiated in 1991 has been largely successful in opening up India's economy and attracting foreign investment. The policy led to significant reforms in various sectors such as finance, telecommunications, and infrastructure. However, there have been challenges, including issues with income inequality, corruption, and implementation of reforms.
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