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UPSC Prelims 2002 Q46: Indian Economy – Infrastructure & Industry

UPSC Prelims 2002, General Studies Paper I · Indian Economy

Which one of the following committees recommended the abolition of reservation of items for the small - scale sector in industry?
  1. (a) Abid Hussain Committee
  2. (b) Narasimham Committee
  3. (c) Nayak Committee
  4. (d) Rakesh Mohan Committee

Answer: (a) Abid Hussain Committee

Explanation

Committee recommending abolition of reservation for the small-scale sector

CommitteeSubject
Abid Hussain Committee (1997)Small-scale industries; recommended doing away with reservation of items for the SSI sector
Narasimham CommitteeBanking and financial sector reforms
Nayak CommitteeCredit to small-scale industries (working capital)
Rakesh Mohan CommitteeInfrastructure development

The Abid Hussain Committee on the small-scale sector (1997) recommended the abolition of the reservation of items for small-scale industries and the raising of the investment limit. Reservation was removed in stages from 2002 onward.

Answer: (a) Abid Hussain Committee.

Why each option is right or wrong

Key point

Committees: Abid Hussain (SSI 1997), Nayak (SSI credit 1991-92), Narasimham (banking), Rakesh Mohan (infrastructure 1996).

Remember

Abid Hussain Committee: do away with SSI reservation.

Common mistakes

Exam tip

Abid Hussain = small-scale industry reservation; Nayak = credit.

Sources

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