How did the indian economy adapt to globalisatio?Comment
Omnamhashivay:
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1. The British had left the Indian economy handicapped so industries were slow to come up.
2. The government put trade barriers as Indian producers were not able to tally with the world market.
3. But once they became prosperous the government lifted the trade barriers for them to compete with the foreign market.
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2. The government put trade barriers as Indian producers were not able to tally with the world market.
3. But once they became prosperous the government lifted the trade barriers for them to compete with the foreign market.
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And 4 export promotion : several measures have been taken to promote exports in india.
5: Freedom to repriate..
5: Freedom to repriate..
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thanks brother
Your welcome
May it help you.
can you elobrate 4 and 5 point
Yes
Yes
Freedom to repriate means:-just before foreign investment in india allowed non reputation basis -great hindrank in inflow of foreign investnent
Inventors could not take their income on foreign investment back ti their country without the prior permission of Rbi......
May it help you brother...
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