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Industries Policy(Post 1991) - Sector-wise Trends and Issues, Indian Economy Video Lecture | Indian Economy - B Com

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FAQs on Industries Policy(Post 1991) - Sector-wise Trends and Issues, Indian Economy Video Lecture - Indian Economy - B Com

1. What are the sector-wise trends in the industries policy post-1991 in the Indian economy?
Ans. The sector-wise trends in the industries policy post-1991 in the Indian economy include a shift towards liberalization, privatization, and globalization. The government implemented various reforms to encourage investment and growth in sectors such as telecommunications, information technology, pharmaceuticals, automobiles, and banking.
2. What are the key issues faced by industries in the post-1991 period in India?
Ans. The key issues faced by industries in the post-1991 period in India include intense competition, inadequate infrastructure, bureaucratic red tape, lack of skilled labor, and regulatory challenges. These issues have hindered the growth and competitiveness of industries in the country.
3. How has the industries policy post-1991 impacted the Indian economy?
Ans. The industries policy post-1991 has had a significant impact on the Indian economy. It has led to increased foreign direct investment, technological advancements, job creation, and improved productivity in various sectors. However, it has also resulted in income disparities, regional imbalances, and environmental concerns.
4. What are the major sectors that have benefited from the industries policy post-1991 in India?
Ans. The major sectors that have benefited from the industries policy post-1991 in India are information technology, telecommunications, banking and finance, pharmaceuticals, automobile manufacturing, and retail. These sectors have witnessed significant growth, investment, and technological advancements.
5. What are the future prospects for the industries policy in India post-1991?
Ans. The future prospects for the industries policy in India post-1991 are promising. The government continues to focus on attracting foreign investment, improving infrastructure, and implementing reforms to enhance the ease of doing business. The emphasis on sectors such as renewable energy, digital technology, and healthcare is expected to drive growth and innovation in the coming years.
46 videos|48 docs|23 tests
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