Practicing Success
Which of the following was a feature of the new industrial policy in July 1991? |
The Government reduced the number of industries under compulsory licensing to ten. Policy towards foreign capital was liberalised. The role of the public sector was limited only to five industries of strategic importance. Disinvestment was carried out in case of many private sector industrial enterprises. |
Policy towards foreign capital was liberalised. |
The Government of India announced a new industrial policy in July 1991. The broad features of this policy were as follows: |