Question

What is the under lying concept of Indian foreign policy?

Answer 1

Answer:

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Answer 2

Indian Foreign Policy

Explanation:

After independence, Jawaharlal Nehru offered supremacy to the larger foreign policy objectives. He nullified the Ministry for Overseas Indian Affairs in 1947. Hostile to imperialism and Non Alignment became significant mainstays of India's remote policy.

• The policy makers followed the policy of Import Substitution. The policy of import substitution implied reducing imports by way of tariffs and quotas.

•  Another policy that was followed after independence included Export Promotion Policy. Under this policy, emphasis was laid to increase the exports of India.

•  Heavy stress was laid on making India self reliant by way of encouraging domestic production of all the major commodities.

•  At the same time, there was liberalisation in imports of the commodities necessary for the growth of the economy.

•  Along with this, the policy of protection of domestic industries from competition with foreign counterparts was also pursued.