New Economic Policy A Review

New Economic Policy: A Review Arun Ghosh The government's New Economic Policy, which has been in operation now for close to a year, raises a number of issuesHas the strategy of meeting the balance of payments crisis been correct? Are the domestic stabilisation policies on the right lines? Are the elements of the structural reform programme correctly addressed to meeting the real problems of the economy? Was the timing of the "stabilisation and structural reform policies appropriate? Most important, should these policies be seen to be not working, what are the choices still open to the country?