The correct answer is: A) Sustainable and inclusive growth.
Karnataka’s Industrial Policy is designed to promote sustainable and inclusive growth in the state. The policy aims to attract investment, create jobs, and improve the quality of life for all citizens. The policy also aims to protect the environment and promote social justice.
Centralized planning is a system in which the government controls all aspects of the economy. This system is often associated with socialism and communism. Protection of domestic industries is a policy that aims to shield domestic industries from foreign competition. This policy is often used to protect jobs and industries that are considered to be important to the national economy. Promoting exports only is a policy that aims to increase the amount of goods and services that a country exports. This policy is often used to boost the economy and create jobs.
Karnataka’s Industrial Policy is not designed to achieve any of these objectives. The policy is designed to promote sustainable and inclusive growth in the state.