What is the reservation policy for the small scale industries?
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The reservation policy for small scale industries mean that some specific products are reserved only for the production by the small scale industries. This was introduced by the Indian government in the new industrial policy announced in the year 1991.
The reservation of various products for the small scale industries helped the small scale industries to develop and scale up as there was no competition for them from the bigger industries. The only competition left was among the various small scale industries producing the same goods.
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