open general licence meaning in Hindi

Examples

1. SBI's gold fetish The State Bank of India ( SBI ) initiated its gold trading operations by importing nearly 500 kg of the yellow metal under open general licence.
2. KAVERI MITRABITUMENTowards better roadsRecently the government, as part of ts liberalisation of the oil industry, permitted imports of bitumen under the open general licence ( OGL ) and allowed import price parity to domestic refiners.
3. Beginning with finance minister V . P . Singh's long-term fiscal policy, the government reduced income and corporate tax; cut import duties on raw materials, components and project imports; broad-banded excise duties; delicensed some industries and liberalised entry in others; raised MRTP limits; introduced minimum economic capacities; put more imports under open general licence; encouraged exports through tax exemptions; and introduced far-reaching new policy guidelines for textiles, drugs, and electronics.