Industry~~Policy

By: AVI on 09:59

 

Industrial policy for a period of industrial development, which serves as the decisive factor was adopted by the economy. This policy will change from time to time in

 

       Industrial policy is ineffective or notes

       Economic growth and development in the different scenes, or there is a change in the government's approach to

 

In the modern world, economic growth and development process depends on the development of the industry. Therefore, the growth rate of the economy depends mainly on industrial policy of a country.

 

The industrial policy of the government, the ruling power is formulated based on the needs and priorities of the economy, which is the point, a set of laws and regulations. This policy decides the course of action in the various sectors of the economy. Industrial policy for different specific / encouraging / discouraging some new decisions / Industrial / ongoing investment are to be regarded as the guide for industries.

 

Almost all countries of the modern world, is politics pure form or lessaize industrial policy of the socialist model that has been nonexistent. Some aspects of the market economy, government intervention in the form of a mixed economy where to go hand in hand with this end the fed. And the sections of the head of government, etc., taxes, subsidies, quotas, differential rates, tax forms materializes

 

Different set of industrial policy in the economy, and thus determines the priority emphasis to the following help. Through the implementation of this policy, subsidies or import quotas and export development through the provision of alternative tries to back his art.

 

For example, India, which focuses on heavy industrialization, import substitution neharu Mahalanobish after independence began his journey to the plan. But in July 1991 and ended in this industrial policy must change with the passage of time, the new economic policy, which was adopted to emphasize the fact of the existence of a competitive economy. Therefore, evidence of a paradigm shift in Indian industry.

 

Therefore, industrial policy, industrial development takes place in an economy that is based on the framework.