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This Policy deregulated the industrial economy in a substantial manner. Its main features were abolition of industrial licensing, easier entry for foreign investment and technology, MRTP Act, diluted role of public sector, removal of mandatory convertibility clause, liberalization of industrial location policy and abolition of phased manufacturing programmes for new projects
Which policy is it?
Industrial Policy, 1948
Industrial Policy, 1980
New Industrial Policy, 1991
Industrial Policy, 1956
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