The Industrial Policy of 1991 led to:
Abolishing industrial licensing for most industries
The New Industrial Policy of 1991 launched the era of Liberalisation, Privatisation and Globalisation (LPG) in India.
A central measure was the abolition of the industrial licensing system (the "Licence Raj") for most industries, leaving only a small list of industries (such as those related to security, strategic and environmental concerns) still requiring a licence.
The policy expanded, rather than reduced, private-sector participation and reduced the number of industries reserved for the public sector, so it did not nationalise industries or create public-sector monopolies.
Hence, the Industrial Policy of 1991 led to abolishing industrial licensing for most industries.
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With reference to casual workers employed in India, consider the following statements :
1. All casual workers are entitled to Employees Provident Fund coverage.
2. All casual workers are entitled to regular working hours and overtime payment.
3. The government can by a Notification specify that an establishment or industry shall pay wages only through its bank account.
Which of the above statements are correct?
With reference to ‘WaterCredit’, consider the following statements :
1. It puts microfinance tools to work in the water and Sanitation sector.
2. It is a global initiative launched under the aegis of the World Health Organization and the World Bank.
3. It aims to enable the poor people to meet their water needs without depending on subsidies.
Which of the statements given above are correct?
Recently, India's first 'National Investment and Manufacturing Zone' was proposed to be set up in
Which one among the following industries is the maximum consumer of water in India?
With reference to the usefulness of the byproducts of sugar industry, which of the following statements is/are correct?
1. Bagasse can be used as biomass fuel for the generation of energy.
2. Molasses can be used as one of the feedstocks for the production of synthetic chemical fertilizers.
3. Molasses can be used for the production of ethanol.
Select the correct answer using the codes given below:
