Q. Consider the following government initiatives in the industrial sector:
- Make in India – aimed at boosting domestic manufacturing and raising its GDP share to 25%.
- Production-Linked Incentive (PLI) schemes – incentivizing domestic production in sectors like electronics and pharmaceuticals.
- Ease of Doing Business reforms – simplifying regulations to attract investment.
- Public sector monopolies – reintroduced in industries like aviation and telecom post-2010.
How many of the above are correctly associated with India's industrial policy?
Answer:
Only three
Notes: India's industrial push includes Make in India (2014) to strengthen domestic manufacturing, PLI schemes to boost electronics, pharmaceuticals, and other sectors, and Ease of Doing Business reforms to attract global investors. However, public sector monopolies were not reintroduced in aviation or telecom—in fact, these industries have witnessed intense private competition since 1991. Thus, three initiatives (1, 2, and 3) correctly reflect policy, while statement 4 is incorrect.