Question

Which of the following is/are the results of industrial reforms introduced during the 1990s?

• A. Decrease in the number of industrial units in the country.
• B. Resulted in massive unemployment.
• C. The role of small scale industries reduced.
• D. Improved pay, security and health benefits for workers.

Answer 1

Answer: (C), (D)

Improved pay, security and health benefits for workers.

The industrial policies by the government of India during the 1990s helped to increase the number of industrial units in India. They also helped in generating employment although it was a little lower than expected. The role of small scale industries reduced and more large scale industries popped up manufacturing factory-based goods. Several laws were made to support the workers in terms of pay, security and health benefits.