Question

What were the aims of trade policy reforms in 1991 ?​

Answer 1

Answer:

The 1991 policy allowed export houses and trading houses to import a wide range of items. The government also permitted the setting up of trading houses with 51 per cent foreign equity for the purpose of promoting exports. The 1994-95 policy introduced a new category of trading houses called Super Star Trading Houses.

Answer 2

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The 1991 policy allowed export houses and trading houses to import a wide range of items. The government also permitted the setting up of trading houses with 51 per cent foreign equity for the purpose of promoting exports. The 1994-95 policy introduced a new category of trading houses called Super Star Trading Houses.