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What is Role and Objectives of Industrial Policy about?

Industrial policy in India aims to promote industrial development through government actions that influence industry ownership, structure, and performance. Its key roles include guiding development, correcting market failures, and ensuring balanced growth, while objectives focus on economic growth, employment generation, and technological advancement. However, challenges such as stagnant manufacturing, uneven investment, and labor displacement highlight the need for reforms and improved infrastructure to en

Author

habiyabatul8

Language

EN