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India by Samveg Shah is a document available to read on EtoBox.

What is India about?

India adopted an import substitution strategy after independence to support its economic development, establishing policies like licensing and import restrictions. This led to slow growth and persistent balance of payments deficits for around 40 years. In the late 1980s, India began promoting exports and adopting exchange rate policies to make exports more profitable, shifting to an outward oriented strategy. The 1990s brought a complete change as India liberalized its economy through policies of liberaliza

Author

Samveg Shah

Language

EN