The new industrial policy has evoked mixed reactions from economists and business leaders.
Some hail the policy, which replaces the 2005 one after it got a go-ahead from the cabinet yesterday, for separately defining micro industries, while some grill the government for its stand on continuing with state-owned enterprises (SoEs).
However, Industries Minister Dilip Barua expressed his hope that the Industrial Policy 2010 would propel industrialisation and foster economic growth.
Terming it a 'comprehensive one,' the minister said, "It features long-term goals to foster the country's economic growth."
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