Practicing Success
What is one of the outcomes of liberalisation? |
Increase in tax rates Lifting unnecessary controls over the economy Introducing more restrictions on imports and exports Complicating procedures for imports and exports |
Lifting unnecessary controls over the economy |
The economic reforms that were introduced were aimed at liberalising the Indian business and industry from all unnecessary controls and restrictions. They signalled the end of the licence-pemit-quota raj. Liberalisation of the Indian industry has taken place with respect to: |