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State four achievements of the new industrial policy.

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Four achievements of the new industrial policy : 

1. The rate of industrial development increased after adopting this policy. In the decade prior to economic reforms, this was 7.8 per cent in 1980-90, which increased to 13.0 per cent in 1995-96. It was 11.5 per cent in 2006-2007. 

2. The foreign capital investment increased as a result of the new Industrial Policy. Both, FDI and FII increased. According to UNCTAD investment report of 2010, it was 34.6 billion dollars in 2009. 

3. Increase has been recorded in the foreign exchange reserve, due to which IMF has included India in the list of creditor nations. 

4. Foreign technology received encouragement, which enables Indian industrialists to establish . their identity in the global market.

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