Import Liberalisation as a Tool of Economic Policy in India since Mid-Eighties Sunanda Sen R Upendra Das Examining the specificities of the liberalised trade regime that commenced in the early 80s this paper goes into the facts relating to import liberalisation the design of long-term policy changes and short-term adjustments and the short-run impact on trade. The analysis points to the ineffectiveness of the 'export-link ' to import liberalisation. The paper concludes with an overview of the overall macro-economic implications of import liberalisation.