State the noteworthy changes that took place in the industrial policy as a part of liberalization.

State the noteworthy changes that took place in the industrial policy

1.	State the noteworthy changes that took place in the industrial policy as a part of liberalization.
Answer» Major changes were made in the industrial policy. One of the noteworthy changes was opening those areas for private sector in which initially only the public sector was allowed to invest. Currently, qnly three sectors are reserved for the public sector namely, atomic energy, some minerals related to atomic energy and railways. Another noteworthy change was that the government raised the limit of investment for small scale units. This helped such units to modernize and produce faster and better.