Question

when was the policy of liberalisation of trade adopted by the Indian government

Answer 1

the policy of liberalisation of trade was adopted by the Indian government in 1991

Answer 2

I think in 1991 to expand foreign investment in India.
2. This would ensure best quality and price for products.
3. The time had come for Indian producers to compete with the world producers.
4. The consumers would have a greater choice.