Question
After the abolition of industrial licensing in India in
1991, ____________ is one of the few industries for which it is mandatory to obtain an industrial license.Solution
In the 1991 policy, except for 18 maior industries, all other industries were exempted from licensing, which reduced the number of industries to 5 due to the need for licensing. Industries for which a license is now mandatory • distillation of alcoholic beverages • Cigar cigarettes of tobacco and other alternatives to regulated tobacco • Electronic Aerospace & Security Equipment • Industrial Explosives - Industrial explosives including detonative fuses, safety fuses, gun-powder, nitrocellulose and matches • Hazardous Chemicals
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