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Business Environment

Question
CBSEENBS12003690

Write six Indian economic policies.

Solution

Economic Policies of India: In order to direct the economic activities in India, the following major economic policies have been framed:

(i) Import-export Policy to control import-export in the country.

(ii) Employment policy to make employment available to the people of the country.

(iii) Tax policy to form a structure of direct and the indirect taxes.

(iv) Industrial policy to encourage industrial development in the country.

(v) Public Expenditure Policy in order to control public expenditure.

(vi) Public Debt Policy in order to control public debt.