Industrial Policy Statement 1991

GPTKB entity

Statements (29)
Predicate Object
gptkbp:instanceOf gptkb:public_policy
gptkbp:abolished Industrial licensing for most industries
Phased manufacturing programme
gptkbp:aimsTo Globalization
Liberalization of Indian economy
Privatization
gptkbp:allows Private sector entry in many industries
gptkbp:announced gptkb:Government_of_India
gptkb:Manmohan_Singh
gptkb:P._V._Narasimha_Rao
24 July 1991
gptkbp:context Economic reforms in India
Balance of payments crisis 1991
gptkbp:effect Increase in foreign investment
Expansion of private sector
Rapid economic growth in India
Integration of Indian economy with global economy
Reduction in government control over industry
gptkbp:enables Disinvestment in public sector units
https://www.w3.org/2000/01/rdf-schema#label Industrial Policy Statement 1991
gptkbp:introduced Automatic approval for FDI in certain sectors
gptkbp:promotion gptkb:football
Foreign Direct Investment
gptkbp:redefined Role of public sector
gptkbp:reduces Areas reserved for small scale industries
Number of industries reserved for public sector
gptkbp:repealedBy Monopolies and Restrictive Trade Practices Act (MRTP) restrictions
gptkbp:bfsParent gptkb:New_Economic_Policy_(India)
gptkbp:bfsLayer 7