India witnessed a huge crisis in the year 1991, to which the Indian government responded by initiating reforms. The reforms of 1991 are categorized in 2 heads i.e. Structural and stabilizing measures. According to you, which of the following is a part of "Structural" measures?

Liberalization

Structural reform policies are long-term measures, aimed at improving the efficiency of the economy and increasing its international competitiveness by removing the rigidities in various segments of the Indian economy. The government initiated a variety of policies which fall under three heads i.e. liberalization, privatization and globalization.