Question

After independence, which items were allowed to be imported by the government of India?

Answer 1

Answer:

Petroleum, machinery, fertilizers

Explanation:

Answer 2

Import of goods

Explanation:

After independence, the Indian government had placed restrictions on foreign trade and foreign investment. This was to protect the domestic producers from foreign competition as the competition from imports would not have allowed these industries to develop. Thus, imports of only essential items such as machinery, fertilizers and petroleum were allowed.

These restrictions are not applicable now, as India has opened its market for globalization.