Radical changes were made to India's economic policy as part of the Structural Adjustment Programme. What is the other name for this policy and when was it initiated?

New Economic Reforms, 1991

The correct answer is Option (1) → New Economic Reforms, 1991

The Structural Adjustment Programme (SAP) in India is also referred to as the New Economic Reforms of 1991.

Started by Rajiv Gandhi, these changes first became very visible in 1991 and radically changed the direction that the Indian economy had pursued since Independence.