Question

write about the major reform brought in by the government in the public sector in the industrail policy of 1991.​

Answer 1

Answer:

Government of India introduced four major reforms in the public sector in its new Industrial Policy, 1991. ... In 1991, only 8 industries were reserved for the public sector, they were restricted to the areas of atomic energy, arms and ammunition, defense, mining, and railways.

Explanation:

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Answer 2

Answer:

The Government of India had introduced four major reforms in the public sector in its new industrial policy in 1991. The main elements of the government policy are as follows :

(1)Restructure and revive potentially viable PSUs.

(2)Closing down of PSUs that cannot be revived.

(3)Bring down government’s equity in all non-strategic PSUs to 26 percent or lower, if necessary; and

(4)Fully protect the interest of workers.

Explanation:

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