inward looking industrial policy of the government had both positive and negitive impact on the economic impact on the economic growth. explain
Dear student,
India followed an inward looking policy of industrialisation which is known as import substitution. To view the positive and negative impacts, refer to the following link.
https://www.meritnation.com/ask-answer/question/long-answer-question-evaluate-inward-looking-trade-policy-of/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/6337988
India followed an inward looking policy of industrialisation which is known as import substitution. To view the positive and negative impacts, refer to the following link.
https://www.meritnation.com/ask-answer/question/long-answer-question-evaluate-inward-looking-trade-policy-of/unit-ii-liberalisation-privatisation-and-globalisation-an-ap/6337988