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What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries?
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What was won the major proposal of new industry policy 1991 a NRI will...
Evolution of Industrial Policy 1991:
The major proposal of the new industry policy of 1991 was the evolution of the industrial license requirement in India. This policy aimed to liberalize the industrial sector and encourage growth and investment in the country. Below are the key points of the major proposal:
NRI Exemption for Capital Investment:
- One of the key features of the new industry policy was the exemption granted to Non-Resident Indians (NRIs) for capital investment in India. This move aimed to attract more foreign investment and expertise into the country.
Facility of 251% in Hyproadi Industries:
- Another significant aspect of the policy was the provision of a facility of 251% in high priority industries. This was intended to boost investment and growth in sectors deemed crucial for the country's development.
Import Restriction on Technical Know-How:
- The policy also included a provision for import restrictions on technical know-how for a period of one year. This was done to encourage domestic research and development and reduce dependency on foreign technology.
Evolution of Industrial License:
- The most notable proposal of the new industry policy was the evolution of the industrial license requirement, except for six industries. This move aimed to reduce bureaucratic hurdles and promote a more business-friendly environment for industries in India.
Overall, the major proposal of the new industry policy of 1991 was aimed at liberalizing the industrial sector, attracting more foreign investment, and fostering growth and development in the country.
The major proposal of the new industry policy of 1991 was the evolution of the industrial license requirement in India. This policy aimed to liberalize the industrial sector and encourage growth and investment in the country. Below are the key points of the major proposal:
NRI Exemption for Capital Investment:
- One of the key features of the new industry policy was the exemption granted to Non-Resident Indians (NRIs) for capital investment in India. This move aimed to attract more foreign investment and expertise into the country.
Facility of 251% in Hyproadi Industries:
- Another significant aspect of the policy was the provision of a facility of 251% in high priority industries. This was intended to boost investment and growth in sectors deemed crucial for the country's development.
Import Restriction on Technical Know-How:
- The policy also included a provision for import restrictions on technical know-how for a period of one year. This was done to encourage domestic research and development and reduce dependency on foreign technology.
Evolution of Industrial License:
- The most notable proposal of the new industry policy was the evolution of the industrial license requirement, except for six industries. This move aimed to reduce bureaucratic hurdles and promote a more business-friendly environment for industries in India.
Overall, the major proposal of the new industry policy of 1991 was aimed at liberalizing the industrial sector, attracting more foreign investment, and fostering growth and development in the country.
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What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries?
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What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries?.
What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was won the major proposal of new industry policy 1991 a NRI will not a load for capital investment in India or facility of 251% in hyproadi industries or c option import restriction on technical know how for 1 year or de option evolution of industrial licence in except for 6 industries?.
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