Features of liberalizarion
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- freedom of opening / starting production unit .
- use of new machine and technology
- no government interference in production
- free flow of foreign investment .
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Uses of new technologies, minimum interest rate, and removal of tariffs are the features of liberalization.
What are the objectives of liberalization?
- The Indian economy is developed due to the participation of public sectors
- To increase the competition between various businesses in India
- To increase foreign trade and to regulate import and export
- To expand various companies in India
- Uses of various technologies and machines
- The performance of public sectors are controlled
- For the production of any company, there is no role of government
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