Economics · Economic Reforms
Which major reform under Industrial Policy 1991 aimed at abolishing industrial licensing except for a few selected hazardous or strategic industries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Liberalisation of Industrial Licensing Policy✓
- 2Introduction of Public-Private Partnerships (PPP)
- 3Establishment of Special Economic Zones (SEZs)
- 4Abolition of the MRTP Act
Correct answer
Liberalisation of Industrial Licensing Policy
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