Question

what are the steps taken by the government to train creative economy ?​

Answer 1

Answer:

New Industrial Policy

Under Industrial Policy, keeping in view the priorities of the country and its economic development, the roles of the public and private sectors are clearly decided.

Abolition of Licensing:

Before the advent of the New Industrial Policy, the Indian industries were operating under strict licensing system. Now, most industries have been freed from licensing and other restrictions.

Freedom to Import Technology:

The use of latest technology has been given prominence in the New Industrial Policy. Therefore, foreign technological collaboration has been allowed.

Answer 2

Answer:

(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

hope it helps you! #Clairehere 07.08.2021 ❤