Question

give any four points of importance of Management before liberalisation

Answer 1

four points of liberation
Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. This includes the removal or reduction of tariff obstacles, such as duties and surcharges, and nontariff obstacles, such as licensing rules, quotas and other requirements.

Answer 2

❤Industrial listening and regritation has been abolished:-

for eg licence of in trees like industries of drugs cigarette been abolished

❤ freedam for extension and production to industries:-

earlier they can produce the number of goods mentioned in licence but now they have freedom to produce more goods and extend their industries

❤ increase in investment of industries:-

in investments has increased to 1 crore and for tiny Industries it has increased to 25 lakh

❤ freedom to import Technology :-

government has given freedom to all the industries to import technology from other countries

❤ freedom to import capital goods :-

government has given freedom to all Industries that we can import raw materials and machineries from other countries.


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