Q. The Indian economy underwent a gamut of wide-ranging structural and governance reforms from 2014 – 22. The reform/s is/are based on the principle/s of?
1.Creating public goods.
2.Adopting trust-based governance.
3.Co-partnering with the private sector for development.
Choose the correct answer from below given codes:
Explanation: 2014-2022 is an important period in the economic history of India. The economy underwent a gamut of wide-ranging structural and governance reforms that strengthened the economy’s fundamentals by enhancing its overall efficiency.
With an underlying emphasis on improving the ease of living and doing business, the reforms were based on the broad principles of creating public goods, adopting trust-based governance, co-partnering with the private sector for development, and improving agricultural productivity.
Source: Economic Survey 2022 – 23