Economics · Economic Reforms in India
What was the main objective of liberalising the industrial sector in India after 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Restricting private sector participation
- 2Abolishing industrial licensing for most industries✓
- 3Expanding reservations for public sector industries
- 4Increasing price controls by the government
Correct answer
Abolishing industrial licensing for most industries
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