1.

Mention the changes that were brought about as a result of liberalisation.

Answer»
  • Relaxation of control in setting up industries. 
  • Reduction of import tariff and tax. 
  • Changes in foreign exchange rules. 
  • Abolition of market control 
  • Permission of foreign investment in many sectors. 
  • Reduced the role of government in the basic industries and basic infrastructure development.


Discussion

No Comment Found