“Industrial growth rate has lagged behind in the overall growth of Gross Domestic Product (GDP) in the post-reform period” Give reasons. How far are the recent changes in Industrial Policy capable of increasing the industrial growth rate? ( 250 Words, 15 Marks)

“Industrial growth rate has lagged behind in the overall growth of Gross Domestic Product (GDP) in the post-reform period” Give reasons. How far are the recent changes in Industrial Policy capable of increasing the industrial growth rate? ( 250 Words, 15 Marks)

The trajectory of industrial growth in the post-reform period has presented a conspicuous divergence from the overall Gross Domestic Product (GDP) growth, as the industrial sector has struggled to keep pace with the broader economic expansion.