why did india put barriers on foregn trade and investment after the independence ? why was the policy changed in 1991 ? mantion any two reasons . of 3 marks
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1) the traders of the country were ready for the competition with foreign trade
2) arrival of foreign trade would bring job opportunities and would help in development of country.
2) arrival of foreign trade would bring job opportunities and would help in development of country.
sidd47:
bro three points
3rd point- govt. Felt that foreign competition would in fact improve the qualtiy of goods produce by indian industries
and why it started in 1991 again
Answered by
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they did so beacuse to end the british rule in india and it was called swadeshi moment what it really meant was that boycott british products and use indian
1) for decreasing the profit of british companies
2) to make india keep the profit to india onlt
3) the foreign goods have high taxes and low quality
after 1991 maybe people wanted those goods as indians were not able to create thos products at that great amount the people needed!
1) for decreasing the profit of british companies
2) to make india keep the profit to india onlt
3) the foreign goods have high taxes and low quality
after 1991 maybe people wanted those goods as indians were not able to create thos products at that great amount the people needed!
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