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what was the reasons for putting barriers to foreign trade and foreign investment by the indian government? why did it wish to remove these barriers?
Asked by Avya(student) , on 19/1/12


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Reasons for putting trade barriers to foreign trade and foreign investment by indian government :

  • to protect the indian producers.
  • to maintain the quality of goods after independence.

Government wished to remove trade barriers because - they want to compete with the international market for improving the quality of goods....

Posted by Thunder Storm(student)on 19/1/12

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1- it was nesessary  to protect the producers from foreign competitions. 

2-india allowed imports only of essential items inorder to give protection to domestic producers. 

3-to maintain or improve the quality of goods after independence.

Posted by Akruti Acharya(student)on 19/1/12

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