Question

why Indian government has put trade barriers to foreign trade and the foreign investment by the Indian government why did it wish to remove it

Answer 1

Post-independence India put barriers on its foreign trade as

the imports had exceeded exports and the country was in a huge debt. To reverse

the debt and improve the country’s financial condition the government decided

to minimize its imports and foreign investment and maximize exports.

 In the recent past the government decided to remove these barriers so that the local producers

improve their quality of products and match the international standards. 

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Answer 2

Post-independence India put barriers on its foreign trade as
the imports had exceeded exports and the country was in a huge debt. To reverse
the debt and improve the country’s financial condition the government decided
to minimize its imports and foreign investment and maximize exports.



 In the recent past the government decided to remove these barriers so that the local producers
improve their quality of products and match the international standards. 
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