Q. Which state government has launched new industrial policy 2020-25?
Answer:
Karnataka
Notes: The new policy will facilitate greater investments in advanced manufacturing, research and development (R&D), and innovation and aims to create at least 2 million jobs.
The policy will be “pro-industry and aligned with recent reforms, such as amendments to the Land Reforms Act, the Labour Act, and Karnataka Industries (Facilitation) (Amendment) Act. The New Industrial Policy for 2020-25 will oversee new incentives and an easing of the regulatory process.”