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?
Reasons for putting trade barriers to foreign trade and foreign investment by indian government :
Government wished to remove trade barriers because - they want to compete with the international market for improving the quality of goods....
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.
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