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Question -

What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government?



Answer -

 Why did it wish to remove these barriers?


Answer
 The main reason for putting barriers to foreign trade and foreign investment by the Indian government was to protect the interest earned by producers and small industrialists of our country from foreign competition.
But later it was accepted by the government that foreign competition would encourage Indian industrialists to improve the quality of their products and removing these barriers would increase trade and quality of products produced in the country.

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