Which of the following can be considered as negative impact of the LPG policies?
Answer & explanation
Correct answer: option 2
The correct answer is Option 2: Decline in the productivity of agricultural sector
1991 reforms, also called as LPG reforms are considered as the life savior reforms for India had some negative impacts too. To much focus was done on the industrial and service sector that agriculture sector faced decline in the level of productivity. No special reforms were made in this sector due to which no enhancement in the productivity could be seen.