Question

Explain the measures taken in various sectors for the liberalization of the economy?

Answer 1

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Answer 2

Answer:

◊ Increase in the investment limit of the small industries – Investment limit of small industries have been raised to 1 crore and for tiny industries to 25 lakhs.

◊ Freedom to import capital goods – Industries are free to buy machines and raw materials from abroad in order to expand or modernize.

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