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PSIR Optional PYQ Solutions · Model answer

Comment: Economic liberalisation in India.

  • UPSC 1993
  • 20 marks
  • Planning and Economic Development

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Economic liberalisation means dismantling the state's control over who may produce what, where and with whose capital, and recasting the state from controller into regulator. India's version, LPG — liberalisation, privatisation, globalisation — began in 1991: forced by a crisis, carried out gradually and left unfinished, with its politics explaining its shape.

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What the full answer covers

  • From loosening to rupture
  • Why an unpopular programme survived
  • The record to 2026
  • Critiques
  • Conclusion
PSIR Optional PYQ Solutions

PSIR Optional PYQ Solutions

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