India has set an ambitious goal of becoming a $5 trillion economy, a vision that represents its aspirations for rapid economic expansion, global competitiveness, and improved living standards. The government has undertaken key structural reforms, policy measures, and sectoral advancements to accelerate growth, but significant challenges remain. This article critically analyzes India’s progress toward achieving…
Introduction Industrial corridors are large infrastructure projects aimed at boosting industrialization, economic growth, and regional development. These corridors serve as growth engines by integrating industries, transport networks, and urbanization, leading to the holistic development of various regions in India. The government of India has launched several industrial corridor projects, such as the Delhi-Mumbai Industrial Corridor…
Introduction Industrial policy plays a crucial role in shaping the economic trajectory of a nation. The term ‘New Industrial Policy’ generally refers to a shift in the approach of the government towards industrial development, with the aim of making industries more competitive, innovative, and globally integrated. India’s New Industrial Policy, introduced in 1991, marked a…