The industrial age competitive advantage is developed and is not a natural endowment. Despite several changes in industrial policy, India lacks on several fronts. In light of this, suggest the reforms in the Industrial policy to make India competitive in terms of industrial production. 10 marks

Mentor’s comment-
  • https://www.financialexpress.com/opinion/industrial-growth-the-right-policy-mix-for-success/2136735/
  • In the intro, mention the connection between policies and competitive advantage enjoyed by a country.
  • In the body suggest various areas for reforms like- development of industrial parks, preventing REER from appreciating, changes in the regime for SEZ, reducing duties to zero to increase value addition etc.
  • Conclude by mentioning the need to implement these steps to achieve industrial development of a country.
6 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Pooja Reddy
Pooja Reddy
1 year ago

Please review

FBE75D76-EEAA-4078-B80D-E6521254CE70.jpeg
7EA532E7-F7AD-4F39-A747-438C13643291.jpeg
Pooja Reddy
Pooja Reddy
1 year ago
Reply to  Parth Verma

Thank you

Pooja Reddy
Pooja Reddy
1 year ago

I have written the answer again by the guidelines of your valuable feedback sir, if time permits please do review it.

813A0D33-8224-4CD9-A649-C5600EDC2D69.jpeg
83F032B1-1303-4022-8EC2-A9DBF227A328.jpeg
Pooja Reddy
Pooja Reddy
1 year ago
Reply to  Parth Verma

Thank you so much sir