The main laws that were enforced were regarding India’s economy, as India’s economy emerged, the foreign relations underwent a major transformation. Before Independence, India didn’t have a clear trade policy as it was still controlled by the British government, only after the independence, a trade policy (part of the economic development policy) was formulated. During industrialisation, India’s highlights on their political reforms on foreign trade were liberalization on foreign trade was adopted as the goal of trade policy, export control and duties were relaxed, export quotas were abolished and incentive was provided in order to enhance export.
Before Independence, India did not have a solid foreign policy, and were laws enforced by the colonisation of Great Britain as worked by the East India Company. There was less liberalisation in importing and exporting during the time period of Industrialisation. England used the mass population of India as labour and exported raw materials such as cotton as the direct control of the agri-cultivated lands were England’s. Only after India’s independence, in mind 20th century, a foreign trade policy was enforced – with full demand of the public as democracy was one of the most successful idea of the 20th century because of it on an average are more richer than non-democratic countries as well as listens to public demands as the public have the right to vote, shaping the country by people speaking their minds. Although the public voted on the Congress party, the Congress party enforced laws on foreign trades to avoid corruption, and keep control on the import and export of manufactured goods as well as natural resources. This increased free trade, allowing surpluses to be exported making India 32nd on the top export and import countries in the world.
Before Independence, India did not have a solid foreign policy, and were laws enforced by the colonisation of Great Britain as worked by the East India Company. There was less liberalisation in importing and exporting during the time period of Industrialisation. England used the mass population of India as labour and exported raw materials such as cotton as the direct control of the agri-cultivated lands were England’s. Only after India’s independence, in mind 20th century, a foreign trade policy was enforced – with full demand of the public as democracy was one of the most successful idea of the 20th century because of it on an average are more richer than non-democratic countries as well as listens to public demands as the public have the right to vote, shaping the country by people speaking their minds. Although the public voted on the Congress party, the Congress party enforced laws on foreign trades to avoid corruption, and keep control on the import and export of manufactured goods as well as natural resources. This increased free trade, allowing surpluses to be exported making India 32nd on the top export and import countries in the world.