NEW DELHI: The government intends to dismantle bureaucratic controls in the field of investments so that the domestic market is deregulated to increase competition and companies are forced to become more efficient, Singh has said.
“We are doing away with controls which protect economically inefficient units,” the premier said in an interview to “world link” the bimonthly of the world economic forum.
He said funds would be made available for establishing industrial infrastructure and important industries.
Singh said deregulation had also to be seen in the context of the import regulations in the country.
Article extracted from this publication >> September 7, 1990
