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The industrial policy analyzed since the independence and surge of planning in India. The main emphasis has been given to the production level of the manufacturing sector and the relation between the lending rates and the credit allocation to the sector.
In India the manufacturing sector has been given the importance since independence and the importance of the manufacturing sector in the progress of the country is no more to be exaggerated. The industrial sector forms the backbone in the development of a country. Government was the major investor in the sector in India but after 1980?¦s the liberalization policy was slowly ushered in India...
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