Advertisements
Advertisements
Question
Explain Industrial development after 1991 reforms.
Solution
- The year 1991 ushered a new era of the economic liberalization.
- India took major decision to improve the performance of the industrial sector.
- The Tenth and Eleventh five year plans witnessed a high growth rate of industrial production.
- The abolition of Industrial licensing, dismantling of price controls, dilution of reservation of small scale industries.
- Virtual abolition of monopoly law enabled Indian industry to flourish,
- The new policy welcomes foreign investments.
APPEARS IN
RELATED QUESTIONS
The railway was introduced in India by the British.
The period can be considered as the period of the industrial recovery ______.
“The birth place of cotton manufacture is India,” told by, ______.
The plantation industry did not attract the European in the beginning.
Give an account of Muslin Cloths.
How the Indian road network used in industrial growth?
______ industry was started in Hoogly valley at Rishra near Culcutta.
During the first half of 19th Century western countries were industrialization.
Assertion (A) : Indian handicrafts collapsed under the colonial rule.
Reason (R) : British made India as the producer of raw materials and markets for their finished products.
Assertion (A): Indian handicrafts collapsed under colonial rule.
Reason (R): British made India the producer of raw materials and markets for their finished products.
