Subject: Economics
Book: Comprehensive Indian Economy
India’s industrial policy has transitioned from a tightly controlled regime—featuring licenses and quotas—to one encouraging private enterprise and FDI. Key phases include the 1956 Industrial Policy Resolution, liberalization post-1991, and recent initiatives like “Make in India.” Core challenges involve infrastructure bottlenecks, labor law rigidities, and technology gaps. MSMEs form the backbone, generating significant employment, but require better credit access and modern managerial practices. Students should explore how industrial corridors, export promotion strategies, and skill development programs shape sectoral growth and global competitiveness, especially in manufacturing and innovation-led industries.
What is “fiscal stimulus”?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhich of the following is a feature of monopolistic competition?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhich of the following is a feature of a command economy?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhich of the following is NOT an example of an indirect tax?
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