Current Industrial Policy of Government of India
The Industrial Policy of 1991 was a watershed moment in the Indian Economy. It fulfilled log-left demands of the industry such as removal of compulsory licensing, MRTP limit and other numerous bureaucratic bottlenecks. The companies could establish new undertakings and implement expansion plans. These reforms were introductory in nature and the series of reforms continued and are continuing even…
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Document: Changes in Industrial Policies and Effects of Liberalization on Economy
This article is a part of our content of Integrated UPSC /IAS General Studies - Target 2018 membership programme.