explain 4 features of economic policy persured till1991
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(i) Import Liberalisation. Government removed many restrictions from import of capital goods. (iv) Abolition of Export duty. (v) Reduction of Import duty.
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- Delicencing. Only six industries were kept under Licencing scheme.
- Entry to Private Sector. ...
- Disinvestment. ...
- Liberalisation of Foreign Policy. ...
- Liberalisation in Technical Area. ...
- Setting up of Foreign Investment Promotion Board (FIPB). ...
- Setting up of Small Scale Industries.
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