Draft Indian Ecommerce Policy: Favouring Domestic Players At The Cost Of The Ecosystem

August 21, 2018

One of the biggest blunders of the Nehruvian era was the initiation of the License Raj (in the name of protectionism), a term used to describe the system of licences, regulations, and accompanying red tape that were required to set up and run businesses in India between 1947 and 1990. This paralysed the Indian economy, limiting the scope of FDI for decades.

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