Which of the following points about the objectives of Industrial Policy 1991 are correct
A. Gainful employment
B. Attain international competitiveness
C. Maintain a sustained growth in productivity
D. Immediately provide better economic opportunities to people
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The new Industrial Policy was announced in 1991. The major objectives of this policy were to build on the gains already made, correct the distortions or weaknesses that have crept in, maintain a sustained growth in productivity and gainful employment and attain international competitiveness.