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Geography Optional 300+ Score Pack · Model answer

Explain the New Industrial Policies in India.

  • UPSC 2016
  • Industry

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The New Industrial Policy dates from 24 July 1991, announced by finance minister Manmohan Singh in the government of P. V. Narasimha Rao, and now names the whole post-1991 policy line. Its logic was a reversal: the state would stop allocating industrial capacity and start enabling it.

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What the full answer covers

  • The 1991 policy: four pillars
  • The successor line, 1991 to 2026
  • What the line has delivered
  • Assessment
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