Industrial Liberalisation Policy Issues at State Level

at State Level Sandeep Bhargava This paper evaluates the post 1991 industrial policy reforms in India with particular reference to the state of Rajasthan. The viability of a strategy to attract new investments on the basis of financial incentives is assessed and policy, market and infrastructure impediments are highlighted. The paper provides suggestions for the design of future policy that would lead to long-term private sector industrial development.