Removing unwanted barriers or restrictions set by the government on trade and industry is known as {fill_ regular}.

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Removing unwanted barriers or restrictions set by the government on trade and industry is known as liberalisation.
Liberalisation is the process of reducing the constraints imposed by the state. This liberalisation means removing the trade barriers and allowing other foreign countries to import their product into the nation. The government imposes many fewer restrictions and fewer customs duties than before and is therefore said to be more liberal. With the liberalisation of business, trade is allowed to make decisions freely about what they want to import or export. The economy of India was liberalised in 1991. The economic reforms that were passed to achieve a number of goals, including modernisation, growth in the role of personal and capital inflows, and the establishment of a free-market economy.

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