Question

What economic changes were initiated by the Government under the Industrial Policy 1991?​

Answer 1

hey!!

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•°☆Answer:-°•☆

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Economic changes initiated by the government under the Industrial Policy 1991 they are:-

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(1)

• The government reduced the number of industries under compulsory licensing to six.

2)

• The role of public sector was reduced. It was now limited only to four industries of strategic importance.

3)

• Disinvestment was carried out in case of many public sector industrial enterprises.

4)

• Foreign Direct Investment was permitted.

5)

• Automatic permission was now granted for technology agreements with foreign companies.

°•☆hope help u!!•°☆

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Answer 2

hiiii mate here is the answers

Economic changes initiated by the government under the Industrial Policy, 1991

(i) The government reduced the number of industries under compulsory licensing to six.

(ii) The role of public sector was reduced. It was now limited only to tom industries of strategic importance.

hope it may help you with