UPSC Syllabus: Gs Paper 3- changes in industrial policy and their effects on industrial growth. Introduction India’s ordnance factories have long supported defence preparedness through specialised manufacturing and technical expertise. In October 2021, the government corporatised 41 factories under the Ordnance Factory Board (OFB) into seven Defence Public Sector Undertakings (DPSUs) to improve efficiency, competitiveness… Continue reading Rethinking the defence PSU model
Tag: Industrial policy
Initial draft industrial policy targets $1 trillion gross value addition in manufacturing by 2025
News:The Department for Promotion of Industry and Internal Trade(DPIIT) has released the initial draft industrial policy. Facts: Background: This will be the third industrial policy after the first in 1956 and the second in 1991. The new industrial policy will replace the industrial policy of 1991 which was prepared in the backdrop of the balance… Continue reading Initial draft industrial policy targets $1 trillion gross value addition in manufacturing by 2025
Government constitutes working group to prepare contours of new industrial policy
News:Government has constituted a working group to prepare the contours of a new industrial policy to make India a manufacturing hub. Facts: This will be the third industrial policy after the first in 1956 and the second in 1991. The new industrial policy will replace the industrial policy of 1991 which was prepared in the… Continue reading Government constitutes working group to prepare contours of new industrial policy
