GS3 › Inclusive Growth, Employment and Industry

Revision note: Industrial Policy: From the 1948 Resolution to 1991 and Beyond

  • IPR 1948; IDRA 1951 (licence raj); IPR 1956 (Mahalanobis; Schedules A 17 / B 12 / C); MRTP 1969; FERA 1973
  • NIP 24 July 1991: licensing kept for 18 (now 5) industries; public sector reserved list 17 → 8 → 2 (atomic energy, railway operations); MRTP → Competition Act 2002; FERA → FEMA 1999
  • Make in India Sept 2014 (25% of GDP target); Doing Business 142 → 63, discontinued 2021
  • PLI 14 sectors (~₹1.97 lakh crore): mobiles a success; ISM 2021 (₹76,000 crore), Micron Sanand, Tata Dholera
  • Gati Shakti 2021, Logistics Policy 2022, corporate tax cut 2019, Jan Vishwas Act 2023, National Manufacturing Mission 2025
Revision card summarising Industrial Policy: From the 1948 Resolution to 1991 and Beyond
One-page visual summary of the key points to revise.

Source: https://upscprep.in/upsc/gs3/inclusive-growth-employment-and-industry/industrial-policy-from-the-1948-resolution-to-1991-and-beyond/ · UPSCPrep.in

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