​What was a key change introduced in agriculture as part of the 1991 economic reforms?​

Correct option is D

The correct answer is (d) Restrictions on exports of agricultural products were reduced.

Explanation:

• As part of the 1991 economic reforms in India, one of the significant changes in the agricultural sector was the reduction of restrictions on exports of agricultural products.
• This liberalization measure aimed to integrate Indian agriculture with the global economy, allowing farmers to benefit from better prices in international markets and encouraging agri-business and exports.

Information Booster:

Key Agricultural Changes under 1991 Reforms:

• Deregulation of agricultural exports to enhance foreign exchange earnings.
• Encouragement of private investment in agriculture and allied sectors.
• Introduction of contract farming in some regions.
• Promotion of agribusiness and agro-processing industries.
• Initiatives for improving rural infrastructure, such as roads, storage, and irrigation.

These reforms were part of a broader package of Liberalization, Privatization, and Globalization (LPG) introduced to address the balance of payments crisis and to shift India toward a market-oriented economy.