Question

How has the New Economic Policy affected the
working class and its movement ? Discuss.

04 Jun 2018
Answer :
Word Count : 561

The New Economic Policy (NEP) in India, often associated with the economic reforms initiated in the early 1990s, marked a significant departure from the country's previous socialist economic model. This policy shift aimed to liberalize the economy, promote globalization, and encourage private sector participation. While the NEP brought about several positive changes in terms of economic growth and development, its impact on the working class and its movement has been a subject of intense debate.

One of the primary consequences of the NEP on the working class was the restructuring of industries and the rise of the service sector. The policy led to the dismantling of many state-owned enterprises and a shift towards a more market-oriented economy. While this move was expected to boost efficiency and competitiveness, it also

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