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Economic reforms in India refer to a series of policy changes initiated in the early 1990s aimed at liberalizing the economy and promoting growth. These reforms included deregulation, reducing import tariffs, privatizing state-owned enterprises, and encouraging foreign investment. The primary objective was to transition from a closed, centrally planned economy to a more market-oriented system, enhancing efficiency and competitiveness. Overall, these reforms have significantly transformed India's economic landscape, contributing to sustained growth and increased global integration.

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