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What broad pattern does the sequence of Indian industrial policy from 1948 to 1991 show?

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1. What broad pattern does the sequence of Indian industrial policy from 1948 to 1991 show?

Regulation intensified through the 1960s-70s before beginning to loosen from the 1980s onward

Regulation was identical and unchanging throughout this entire period

India had no industrial policy at all before 1991

Regulation only ever increased, with no loosening at any point

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