What are the main objectives of the liberalization policy?

CBSE Class 9
1

What are the main objectives of the liberalization policy?

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The main objectives of the liberalisation policy are as 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.