What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
ᴋᴜᴄʜ ɴʜɪ ʙᴀs ᴀɪsᴇ ʜɪ..
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The Indian government, after Independence, had put barriers to foreign trade and foreign investment. This was done to protect the producers within the country from the foreign competition especially when industries had just started to come up in the 1950s and 1960s.
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