Explain the highlights of LPG policy. – InterviewSolution

InterviewSolution

1.

Explain the highlights of LPG policy.

Answer»

The salient highlights of the Liberalisation, Privatisation and Globalisation Policy in India:

1. Introduction of New Foreign Trade Agreements

2. Foreign Investment (FDI and FII)

3. MRTP Act, 1969 (Amended)

4. Deregulation

5. Opportunities for overseas trade

6. Tax reforms

7. Abolition of License

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