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Quick Revision Table
| Concept | Key Fact | Year |
|---|---|---|
| LPG reforms architect | Dr. Manmohan Singh (FM), PM Narasimha Rao | 1991 |
| Industrial licensing abolished | All sectors except defence, atomic energy | 1991 |
| FERA repealed; FEMA enacted | Foreign exchange liberalisation | 2000 |
| Competition Act (replaced MRTP) | CCI established | 2002 (op. 2009) |
| FDI peak inflow | $83.6 billion | 2021–22 |
| India FDI rank globally | 5th largest recipient | UNCTAD 2023 |
| Make in India launched | September 25, 2014 | DPIIT |
| Make in India target | Manufacturing = 25% of GDP | By 2025 |
| Atmanirbhar Bharat package | Rs 20 lakh crore | May 2020 |
| PLI schemes total outlay | Rs 1.97 lakh crore (14 sectors) | 2021 |
| PLI — largest sector | Mobile phones: Rs 41,000 crore | — |
| MSME definition revised | Investment + turnover dual criteria | 2020 |
| Micro MSME limit | ≤ Rs 1 crore investment, ≤ Rs 5 crore turnover | 2020 |
| MSME contribution to GDP | ~30% | Current |
| MSME employment | 11.1 crore persons | 2024 |
| Air India privatised | Sold to Tata Sons | January 2022 |
| National Monetisation Pipeline | Rs 6 lakh crore target (2021–25) | 2021 |
| PM Gati Shakti launched | October 13, 2021 | — |
| Logistics cost (India) | ~13% of GDP; target 8% by 2030 | — |
| EoDB rank improvement | 142 (2014) → 63 (2019–20) | World Bank |