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4) Critics argue that none of the economic reforms introduced in recent months are either transformative nor structural. What do you understand by transformative and structural reforms? why they are needed? Also examine if critics are correct.

Topic:  Indian economy – growth and development

4) Critics argue that none of the economic reforms introduced in recent months are either transformative nor structural. What do you understand by transformative and structural reforms? why they are needed? Also examine if critics are correct. (200 Words)

Business Standard