Which of the following is an example of industrial reforms?
Industrial reforms refers to the changes in the industrial policies for better development and growth of the nation. Examples of industrial reforms include the following-
a) Delicensing of industry
b) Simplification of licensing products
c) Permission to public sector units to raise capital from the capital market
These reforms are taken in order to facilitate growth in productivity which could be maintained with greater employment and optimum utilization of resources.
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