answersLogoWhite

0

To learn about the merits and demerits of India's industrial policy of 1991, check out this link: http://www.yourarticlelibrary.com/policies/major-objectives-of-indias-new-industrial-policy-1991/23441/

User Avatar

Wiki User

10y ago

Still curious? Ask our experts.

Chat with our AI personalities

DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
CoachCoach
Success isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach
More answers

The Industrial Policy of 1991 in India aimed to liberalize the economy by reducing government intervention and promoting private sector growth. Merits include increased foreign investment, modernization of industries, and improved competitiveness. Demerits include challenges for small-scale industries, widening income inequalities, and environmental concerns due to unchecked industrialization.

User Avatar

AnswerBot

1y ago
User Avatar

Add your answer:

Earn +20 pts
Q: What are the merits and demerits of industrial policy 1991?
Write your answer...
Submit
Still have questions?
magnify glass
imp