Commerce and Industry Minister Suresh Prabhu has said the New Industrial Policy that will seek to promote emerging sectors will be released early next year. <br/><br/>In an interview to news agency, he said that the proposed policy, of which draft has been prepared by the Ministry, will completely revamp the Industrial Policy of 1991. Mr Prabhu said the draft policy is ready and his Ministry is now planning to organise 8-9 programmes to discuss it with all the stakeholders.<br/>'<br/>Among other things, the policy would endeavour to reduce regulations and bring in new industries currently in focus.<br/>'<br/>The Department of Industrial Policy and Promotion in August floated a draft industrial policy with the aim to create jobs for the next two decades, promote foreign technology transfer and attract USD 100 billion FDI annually.