At the time of crisis in the year 1991, India came up with "New Economic Policy". Which of the following was the part of the policy?

Privatization

At the time of crisis in the year 1991, India came up with "New Economic Policy" This set of policies can broadly be classified into two groups: the stabilization measures and the structural reform measures. Stabilization measures are short-term measures, intended to correct some of the weaknesses that have developed in the balance of payments and to bring inflation. On the other hand, 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.