Practicing Success
Trade and Investment Policy reforms initiated in India were part of which of the following component of NEP of 1991? |
Privatisation Globalisation Industrial Dergulation Liberalisation |
Liberalisation |
Trade and Investment Policy Reforms: Liberalisation of trade and investment regime was initiated to increase international competitiveness of industrial production and also foreign investments and technology into the economy. The aim was also to promote the efficiency of local industries and adoption of modern technologies. |