Economy, asked by mahiagarwal99, 9 months ago

Briefly describe the main industrial reforms?

Answers

Answered by Prateek5015
1

Explanation:

The New Industrial Policy established in 1991 sought substantially to deregulate industry so as to promote growth of a more efficient and competitive industrial economy. The central elements of industrial policy reforms were as follows: Industrial licensing was abolished for all projects except in 18 industries.

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Answered by divanshiwadhwa
3

\huge\mathbb{\underline{ Answer:}}

✭The New Industrial Policy established in 1991 sought substantially to deregulate industry so as to promote growth of a more efficient and competitive industrial economy. The central elements of industrial policy reforms were as follows: Industrial licensing was abolished for all projects except in 18 industries.

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