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DEVALUATION PROCESS AND ITS IMPACT ON CURRENT ACCOUNT BALANCE OF BOPS SINCE ECONOMIC REFORM

    1 Author(s):  SATENDRA KUMAR

Vol -  9, Issue- 2 ,         Page(s) : 117 - 133  (2018 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Foreign trade policies of any country secure the utilization of internal and external resources. By accepting this fact in India protected inward oriented strategy (import substitution and related policy) had been adopted by the policy makers. Under the inward oriented strategy so that intense industrialization, independency and stabilization could be achieved, which has been being helpful in achieving various dimensions of development. India till 1985 followed the strictness of inward oriented strategy.

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