Identify the steps taken during the Annual Plans in 1990–92.

Autonomy for private sectors

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Relaxed restrictions on agricultural laws

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Entry of private companies in the public sector

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Relaxed import–export restrictions

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Solution

The correct option is D Relaxed import–export restrictions
The Annual Plans were made with the intention of implementing immediate corrective actions for the economy. Some of the corrective actions are as follows:

Autonomy for private industries

Reduced restrictions on imports and exports

Permission for the private sector to enter in areas that were earlier reserved for the public sector

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