Govt to unveil new industrial policy soon, says President Ram Nath Kovind

The President detailed the Modi government's schemes for the welfare of the poor and steps taken to ensure national security and defence preparedness

Addressing a joint sitting of Parliament on Thursday, President Ram Nath Kovind said the Narendra Modi government would “shortly” announce a “new industrial policy” in view of “industry 4.0”. Industry 4.0 is a reference to the fourth industrial revolution characterised by increased automation and digitisation of manufacturing. The President’s speech to the joint sitting of Parliament is customary at the start of the first session of a new Lok Sabha, or the first day of the first session in a new year, and lays down the vision and road map of the government’s policies and programmes.
 
In his nearly