011-40705070  or  
Call me
Download our Mobile App
Select Board & Class
  • Select Board
  • Select Class
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, on 19/1/12
28 helpful votes in Social Science

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....

  • Was this answer helpful?
  • 2
100% users found this answer helpful.
View More 2 Answer
Akruti Acharya From Kendriya Vidyalaya No 1, added an answer, on 19/1/12
6 helpful votes in Social Science

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.

  • Was this answer helpful?
  • 1
100% users found this answer helpful.
Pavan From Sri Chaitanya International School, added an answer, on 18/12/15
simply....no work for them...
 
  • Was this answer helpful?
  • 0

Add an Answer