What are the main objectives of liberalisation policy?

CBSE Class 11
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What are the main objectives of liberalisation policy?

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The main objectives of liberalisation policy areas follows:

  1. To increase international competitiveness of industrial production, foreign investment and technology.
  2. To increase the competitive position of Indian goods in the international markets.
  3. To improve financial discipline and facilitate modernisation.
  4. To decrease the debt burden of the country.