What was the reasons for putting barriers to foreign trade and investment by the Indian government? Why did it wish to remove these barriers?
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The major reason for the govt. To introduce trade barriers was
1 .to protect the emerging small producers within the country
2.to equip them with adequate facilities in order to make them stable enough to compete with other countries and MNCs in the international market
3 .to support them and to improve the country's production
sonapant14:
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