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India News: Union government explained to the Supreme Court how the Constitution-framers intended to grant the Centre complete control over industries. This power
“In supersession of all earlier Press Notes, the period of validity of industrial license is being extended from three years to fifteen years for all kind of licenses henceforth to be granted under IDR Act in line with the validity of licenses being issued for defence items as a measure for ease of doing business,” the DPIIT said.