The New Economic Policy (NEP)
The New Economic Policy (NEP) was a major economic reform of 1991 that was implemented by former Finance Minister Dr. Manmohan Singh. It was a socialist policy that was placed for globalization, inflation reduction and to stabilize the economy.
Context of the 1990s| Class 12 Political Science Notes
Context of the 1990s is a subpart of the Class 12 Political Science Chapter 8 which is titled The Recent Developments In Indian Politics. The subpart describes the major political issues and problems that took place in the year 1990. In this particular era, the country experienced the spread of capitalism and the third way of politics.
In this article, we are going to discuss the Class 12 Political Science Chapter 8 subpart the Context of the 1990s in detail.