Economics · Economic Reforms 1991
Which policy was introduced to support private industries as part of the industrial reforms in 1991?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Limitation on industrial growth in urban areas
- 2Abolition of industrial licensing for most sectors✓
- 3Ban on foreign companies in India
- 4Creation of exclusive public sector enterprises
Correct answer
Abolition of industrial licensing for most sectors
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