Question

What impact do you notice the industries due to the new industrial policies ​

Answer 1

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Outcomes of New Industrial Policies

The policy provided easier entry of multinational companies, privatisation, removal of asset limit on MRTP companies, liberal licensing. All this resulted in increased competition, that led to lower prices in many goods such as electronics prices

$\bold{\underline\purple{Hope \: that \: helps}}$

Answer 2

Answer:

Outcomes of New Industrial Policies

The policy provided easier entry of multinational companies, privatisation, removal of asset limit on MRTP companies, liberal licensing. All this resulted in increased competition, that led to lower prices in many goods such as electronics prices