Economy, asked by sahilsweetlove143, 1 month ago

what were the aim of system of license introduced for private firms

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Answered by olps5celdrichhpinto

Answer:

The aim of Licensing Policy was to keep the private sector under control. No new industry was allowed unless a license was obtained from the government. This policy was used for promoting industries in backward regions.

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what were the aim of system of license introduced for private firms​

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what were the aim of system of license introduced for private firms