Which industries come under the purview of compulsory licensing as per New Industrial Policy, 2015?

CS Executive · Setting up of Business Entities and Closure · PYQS · June 2022
Which industries come under the purview of compulsory licensing as per New Industrial Policy, 2015?

Answer & Explanation:

The industries which comes under the purview of compulsory licensing are as follow: Distillation and brewing of alcoholic drinks. Cigars and cigarettes of tobacco and manufactured tobacco substitutes. Electronic Aerospace and defence equipment: all types. Industrial explosives including detonating fuses, safety fuses, gun powder, nitrocellulose and matches. Specified Hazardous chemicals i.e. (i) Hydrocyanic acid and its derivatives, (ii) Phosgene and its derivatives and (iii) Isocyanates & diisocyanates of hydrocarbon, not elsewhere specified (example Methyl isocyanate)

Topics: Industrial Policy

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