UPSC Mains – What factors contribute to the slower pace of industrial development growth compared to the overall Gross Domestic Product (GDP) growth during the post-reform era? How far have the recent changes in Industrial Policy enhanced the industrial growth rate?

UPSC Mains – What factors contribute to the slower pace of industrial development growth compared to the overall Gross Domestic Product (GDP) growth during the post-reform era? How far have the recent changes in Industrial Policy enhanced the industrial growth rate?

The industrial sector, constituting 27.6% of India's GDP, plays a pivotal role in the economy. Despite the expectations that the 1991 LPG The industrial sector, constituting 27.6% of India's GDP, plays a pivotal role in the economy. Despite the expectations that the 1991 LPG