Economic and political policy interventions were reflected on the economic development of the countries with
respect to improving economic and social well-being of poor, market productivity and considerable growth rate in GDP.
Specifically, in Indian context, these economic decisions have been a considerable influence on inclusive growth of the
nation. It is evidence that India embarked on economic reforms in July, 1991, from the effect of a balance of payment crisis.
The government initiated economic reforms basically is to provide an environment of sustainable growth and stability.