Economy, asked by Micey4870, 11 months ago

Mention the main characteristics of Industrial Licensing Policy, 1970.

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Answered by faridkhann

0

Explanation:

Industrial Licensing Policy of 1970

New Industrial License Policy 1970. ... The industries required the assets of Rs. 5 Crore or more. Middle Sector: These industries required the investment of Rs. 1 Crore to Rs. 5 crore. Non-Core Heavy Investment Sector or Joint sector, which comprised of those core industries which required assets of Rs. 5 crore.

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