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What is LPG?


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LPG cites Liberalization, Privatization, and Globalization. At the point when India under its new economic policy moved toward the international banks for fostering/ development of the country, they proposed that the public authority should open towards limitations on trade. It is generally done by the private sectors that trade within India and different nations. After the idea was set forward by the international banks, the Indian government reported a new monetary approach. This strategy comprised a broad scope of changes. These actions are comprehensively characterised into two subcategories: stabilisation measures and structural measures.

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