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Impact of liberalisation on indian economy four points ​

Answer» <html><body><p>Liberalisation in IndiaSince the adoption of the New <a href="https://interviewquestions.tuteehub.com/tag/economic-448435" style="font-weight:bold;" target="_blank" title="Click to know more about ECONOMIC">ECONOMIC</a> <a href="https://interviewquestions.tuteehub.com/tag/strategy-25467" style="font-weight:bold;" target="_blank" title="Click to know more about STRATEGY">STRATEGY</a> in 1991, there has been a drastic change in the Indian economy.With the arrival of liberalisation, the government has regulated the private sector organisations to <a href="https://interviewquestions.tuteehub.com/tag/conduct-928781" style="font-weight:bold;" target="_blank" title="Click to know more about CONDUCT">CONDUCT</a> business transactions with fewer restrictions.For developing <a href="https://interviewquestions.tuteehub.com/tag/countries-936897" style="font-weight:bold;" target="_blank" title="Click to know more about COUNTRIES">COUNTRIES</a>, liberalisation has opened economic borders to foreign companies and investments.Earlier, Investors has to encounter difficulties to enter countries with <a href="https://interviewquestions.tuteehub.com/tag/many-554478" style="font-weight:bold;" target="_blank" title="Click to know more about MANY">MANY</a> barriers.These barriers included tax laws, foreign investment restrictions, accounting regulations, and legal issues. The economic liberalisation reduced all these obstacles and waived few restrictions over the control of the economy to the private sector.</p></body></html>


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