1. briefly explain the important areas of liberalisation. no spam answer.See the attachment plz, ​

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Major reforms under liberalization are categorized as : a Industrial sector reforms which include i Contraction of public sector industries. ii Abolition of industrial licensing. iii Dereservation of production areas for all scales of business. b Fiscal reforms which include i Reduction in rate of indirect taxes.

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Answer:

Major reforms under liberalization are categorized as : a Industrial sector reforms which include i Contraction of public sector industries. ii Abolition of industrial licensing. iii Dereservation of production areas for all scales of business. b Fiscal reforms which include i Reduction in rate of indirect taxes.

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