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SubjectsEconomySectors & DevelopmentChapter 7 — Industry7.2 Public Sector & Disinvestment

Topic 7.2 · Economy · Industry

Public Sector & Disinvestment

Public Sector & Disinvestment is studied as part of "Industry" (Sectors & Development) in Economy. Industrial policy from 1956 to the liberalisation of 1991 has reshaped Indian industry — from licence raj to Atmanirbhar Bharat.

In the examination context, public sector & disinvestment carries conceptual questions that test both factual recall and analytical understanding. Revise this topic in sequence with the rest of the chapter so that chronological and thematic links are clear.

Important Facts

1991
Industrial de-licensing began
MSME
Micro, small & medium enterprises
Make in India
Launched 2014 to boost manufacturing
Industrial Policy 1956
Two-tier — public and private sectors

Key Points

  • Industrial Policy 1956 — Two-tier — public and private sectors
  • 1991 — Industrial de-licensing began
  • MSME — Micro, small & medium enterprises
  • Make in India — Launched 2014 to boost manufacturing

Important Names

V.P. SinghManmohan SinghJ.R.D. Tata

Important Dates

1991New Industrial Policy — liberalisation
2014Make in India launched
1956Industrial Policy Resolution
Exam-Oriented Notes
  • »1991 reforms dismantled the licence-permit raj. Public sector divestment and 'Atmanirbhar Bharat' are current trends.

Related topics

7.1 Industrial Policy & Licencing7.3 MSME & Industrial Corridors7.4 Make in India & Atmanirbhar Bharat
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