Question -
Answer -
Economic reforms enabled India to be an able competitor in the international market. Here are other positive points that happened as a result of the reforms:
1. Movement of goods and services across the globe.
2. The inflow of foreign capital led to more investor interest
3. The boom in the service sector boosted Eco tourism
4. GDP increased multiple times
5. Employment opportunities
Negative points
1. No benefits for agriculture industry
2. Reforms benefitted the high-income group and made life tougher for low and middle class
3. Development of areas nearby metropolitan cities made rural areas underdeveloped.
Thus it can be said that economic reforms did not provide social justice and was unable to work for welfare of general public.