The most common and important objectives of privatisation are:
Improving the financial condition of the government.
Raising funds through disinvestment.
Reducing the workload of public sector.
Increasing the efficiency of the government undertakings.
Providing better goods and services to consumers.
Bringing healthy competition within an economy.
Making way for Foreign Direct Investment (FDI).
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Write a brief note on trade and investment policy reforms. How did it lead to economic growth?OR
What was the purpose of liberalisation of trade and investment in 1991?