Economics · Economic Reforms

What was the primary reason for the slow growth of the secondary sector in India before 1991?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Lack of raw materials
2Excessive private sector competition
3Limited demand for industrial goods
4Heavy government regulations and licensing policies✓

Correct answer

Heavy government regulations and licensing policies

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What was the primary reason for the slow growth of the secondary sector in India before 1991?

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