Dimensions of New Economic Policy
There are three dimensions of New Economic Policy.
They are explained below.
The base for New Economic Policy in
various countries of the world is Dunkel Draft, which was all about the General
Agreements on Trade and Tariff. Mr. Arthur Dunkel (1932-2005) submitted a 22000
page document for the World Trade Organisation (WTO) and followed by many
Nations to adopt their respective New Economic Policies. India is one among
such nations to commit itself to the New Economic Policy in 1991
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