Write about major achievements of the NEP of 1991.
Write about major achievements of the NEP of 1991.
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Major Achievements:
- Revolution in the IT sector: The contribution of the IT sector to national income has considerably increased. The demand for software engineers has increased in the developed countries.
- Improved financial facilities: The financial sector has become more competitive due to the entry of private and foreign banks.
- Improvement in educational standards: Standards of educational institutions are improving and our students are getting more opportunities to study abroad.
- Increase in exports: Due to rising in export, the conditions of our adverse balance of payment is improving.
- Diversification of cropping: Due to globalization, the farmers have shifted from practicing traditional cropping to non-traditional cropping patterns.
- Solves the problem of scarcity: Due to liberal imports, the economy can overcome the scarcity of goods and raw materials.
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