1.

India adopted a narrow minded trade policy after independence. Give reason.

Answer»
  • After India became independent, there were several major social and economic issues to be addressed for stabilizing the nation.
  • It demanded adopting such an economic system that could uplift India’s ruined economy, solve problems of widespread poverty and provide employment to people.
  • Moreover, India had just come out of the Jong and torturing rule of the British rule i.e. rule of a foreign country. So, India was also under a fear that if it would again relax its foreign trade policies and conduct import-export freely then it may again fail in the trap of some foreign rule.
  • Hence, India adopted a narrow-minded trade policy after independence.


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