Industrial Policy — Mains Questions

Analyze the evolution of India's industrial policy from 1948 to 1991, highlighting its objectives, key features, and the reasons for the shift towards liberalization. (250 words, 15 marks)

Critically evaluate the impact of the New Industrial Policy of 1991 on the Indian economy. Discuss both its successes and challenges. (250 words, 15 marks)

Examine the objectives and mechanisms of the Production Linked Incentive (PLI) schemes. How do these schemes align with India's 'Atmanirbhar Bharat' vision and its goal of becoming a global manufacturing hub? (250 words, 15 marks)