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Q.

Define a industral policies

Asked by NIRMAL JUDE, 08 Sep '08 08:09 pm
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Answers (3)

1.

As far india is concerned it means industry without being industrious
Answered by raj sharma, 09 Sep '08 02:43 pm

 
  
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2.

By govt or industry
Answered by dhanendra kumar jain, 08 Sep '08 08:21 pm

 
  
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3.

An industrial policy is any government regulation or law that encourages the ongoing operation of, or investment in, a particular industry. It is often related to, or wholly determinant of, investment policy for that industry.

An active intervention in industrial development is the policy of most if not all countries in the world. Even the United States, which prides itself as a "free-trading" nation, has implemented strong tax, tariff, and trade laws to protect itself from "dumping", the flooding of a market by a competing nation with goods or services below market prices in order to gain an advantage over domestic firms.

In Japan, the powerful MITI has often taken an active hand in development of major industries, particularly electronics and software. The impact of this intervention is disputed, as Japan is still not a power in software, and has lost much of its advanced electronics industry to Asian Tigers, especially South Korea and Taiwan. However, a ...more
Answered by Ashok kumar, 08 Sep '08 08:09 pm

 
  
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