Post-1991 reforms abolished industrial licensing for most private sector industries (licensing was retained only for a few like alcohol, cigarettes, defence equipment, etc.). Dereservation of small-scale goods, reduction of public-sector reserved industries to a handful, and market-determined pricing are all 1991 reforms. Therefore, 'Industrial licencing for private sector industries' is NOT a 1991 reform, it was the pre-1991 practice that was dismantled.