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List the actions taken by the government of India as a part of liberalisation.

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List the actions taken by the government of India as a part of liberalisation.

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  • Relaxation of control in setting up industries. 
  • Reduction of import tariff and tax 
  • Changes in foreign exchange rules 
  • Abolition of market control 
  • Permission of foreign investment in many sectors. 
  • Reduced the role of government in the basic industries and basic infrastructure development.
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