Current Affairs - State - Discussion

Discussion :: State - Latest Current Affairs (Q.No.218)


Which State Announced New Industrial Policy 2020?

[A]. Punjab
[B]. Jammu and Kashmir
[C]. Madhya Pradesh
[D]. Gujarat

Answer: Option D


On August 7, 2020 Gujarat Government announced the New Industrial Policy 2020 for the State, with an expected average annual outlay of up to Rs 8,000 crore, which is meant to provide incentives to the industries. It aims to provide an estimated Rs 40,000 crore as subsidies to industries in the next 5 years. The new policy is in line with the Atma Nirbhar Bharat Abhiyan. It replaces the Gujarat Industrial Policy 2015.

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