removing ban restruction see earlier be thw govt on trade. discord
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Government of India Liberalism the barriers on trade in the year 1991. It is due to the following reasons :-
1. Government of India thought about the competition of Indian producers with the other world producers.
2. Because of Globalisation the quality of the product obtained be good than before. Do it acts as boon for consumers.
3. In 1991, World is suffering from Economic Crisis. so they think to liberalise the trade barriers.
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