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 the main purpose of monetary policy?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhich of the following is an example of a non-renewable resource?
View QuestionWhat is “inclusive growth”?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat is meant by “marginal propensity to consume”?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhat is the objective of the Pradhan Mantri Jan Dhan Yojana?
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