when and why did Indian government decide to liberalise their foreign investment policy
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In 1991, India faced deficits of the balance of payments which paved the way to the liberalisation of FDI policy. Being considered as one of the top attractive destinations for foreign investors, the government has allowed FDI in various sectors of India which includes retail sector.
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2
Answer:
In 1991, India faced deficits of the balance of payments which paved the way to the liberalisation of FDI policy. Being considered as one of the top attractive destinations for foreign investors, the government has allowed FDI in various sectors of India which includes retail sector.
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