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?
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.
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....