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.
Which term refers to an economy that has elements of both capitalism and socialism?
View QuestionWhat is the meaning of “dumping” in international trade?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhat does the “Phillips Curve” show?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhat is “quantitative easing”?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhat is “fiscal stimulus”?
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