What was Liberalisation in 1991?

With the objective of creating a more service and market oriented economy, Indian Government formulated economic policies for liberalization of economy in 1991.You can read about the Economic Reforms Of 1991 – Objectives, Steps Undertaken in the given link.

Further readings:

1. Difference between Economic Survey and Union Budget of India & Their Comparisons
2. Topic-Wise GS 3 Questions for UPSC Mains