Question

Explain any five steps of ''industrial policy"​

Answer 1

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7 Major Steps of Economic Reforms Taken by Government of India

(1) New Industrial Policy. ...

(i) Abolition of Licensing: ...

(ii) Freedom to Import Technology: ...

(iii) Contraction of Public Sector: ...

(iv) Free Entry of Foreign Investment: ...

(v) MRTP Restrictions Removed: ...

(vi) FERA Restrictions Removed: ...

(vii) Increase in the Importance of Small Industries:

Answer 2

(1) New Industrial Policy. ...

(i) Abolition of Licensing: ...

(ii) Freedom to Import Technology: ...

(iii) Contraction of Public Sector: ...

(iv) Free Entry of Foreign Investment: ...

(v) MRTP Restrictions Removed