Question

Why dept of industrial policy and promotion established?

Answer 1

It is working under the Ministry of Commerce and Industry, Government of India. This department is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives.

Answer 2

Hey...
Here is your answer.

》》The dept of industrial policy and promotion is established for the following reasons:-

■ For the formulation and implementation of promotional and developmental measures for growth of the industrial sector , keeping in view the national priorities and socio-economic objectives.

■ For the overall industrial policy.

■ For facilitating and increasing the FDI flows to the country.

■For intellectual property rights relating to
patents , designs, trademarks .

■For overseeing protection and promotion and Geographical indication of goods.


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