GS3 · 10 marks · 150 words

Trace the evolution of Industrial policy in India post-independence. Assess the success of these policies in fulfilling their desired objectives.

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Syllabus: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.

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Liberalisation's effects on industrial growth, MSMEs, PLI and other industrial policy, manufacturing share, ease of doing business.

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