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Yaduraj
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Asked: 2021-01-17T05:18:02+00:00 In:

How the liberalization policy was gradually adopted in India?

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NCERT Important Questions for Class 10 Social Science Economics Chapter 4
Social Science Class 10 Economics
Globalisation and the Indian Economy 4
Important Questions
Long Questions

2020-2021cbsechapter 4class 10economicsglobalisation and the indian economyncertsocial science
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      1. After Independence, the Indian government put barrier on foreign trade and foreign ‘investment.
      2. Initially, Indian Industries were just coming up after Independence, so competition from imports wouldn’t have allowed these industries to come up.
      3. In 1991, the government decided that the time has come for Indian producers to compete the producers around the globe.

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