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Avya , asked a question
Subject: Social Science , asked on 19/1/12

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?

Thunder Storm , From Maharishi Vidya Mandir Chhatarpur , added an answer
Answered on 19/1/12

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....

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Akruti Acharya , From Kendriya Vidyalaya No 1 , added an answer
Answered on 19/1/12

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.

Pavan , From Sri Chaitanya International School , added an answer
Answered on 18/12/15
simply....no work for them...
 

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