Regarding licensing requirements in industries, what has been the major shift due to liberalisation? |
Introduction of licensing requirements in all industries Abolishing licensing requirements in all industries except a short list Maintaining strict licensing requirements in all industries Imposing new licensing requirements in certain industries |
Abolishing licensing requirements in all industries except a short list |
The economic reforms that were introduced were aimed at liberalising the Indian business and industry from all unnecessary controls and restrictions. They signalled the end of the licence-pemit-quota raj. Liberalisation of the Indian industry has taken place with respect to: |