Which accurately describes India's economic progress in the late 20th century?

India's economic progress in the late 20th century was marked by a shift from a centrally planned economy to a more market-oriented approach, particularly after the liberalization reforms of 1991. These reforms aimed to reduce government intervention, encourage foreign investment, and promote private enterprise, leading to significant GDP growth and an expansion of the middle class. However, challenges such as poverty, income inequality, and infrastructure deficits persisted despite these advancements. Overall, this period laid the foundation for India's integration into the global economy.