The Industrial Policy Resolution of 1948 in India aimed to promote industrialization in the country and lay the foundation for a mixed economy. Its objectives included the encouragement of private sector investment, the establishment of public sector enterprises in key industries, and the facilitation of economic development through planned industrial growth. The policy sought to ensure balanced regional development and equity in wealth distribution while addressing the needs of the economy in the post-independence era.
The president regulates the fiscal policy of India.
Monetary policy is a tool in India that is used the Reserve Bank to regulate interest rates. Fiscal policy in India is a tool that regulates their economy.
The policy of New Economic policy does help in the improvement of trade and commerce of India but the tariffs seem to be slowing the influx of new products.
The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.
reserve bank of india frames monetary policy
India opted for mixed economy in this policy.
The Objective Resolution was moved by Jawaharlal Nehru on December 13, 1946, during the inaugural session of the Constituent Assembly of India. This resolution laid the foundational principles for the future Constitution of India, emphasizing democracy, justice, and equality.
relaince
The first industrial policy in India was announced by the Government of India in 1948. This policy aimed to lay the foundation for industrial growth in the country and emphasized the importance of developing key industries to boost economic development.
1991
industrial policyof 1948 was the 1st industrial policy of independent India.The first industrial policy in India was introduced bybritish in 1923.
stop child labor and educate
IDBI stands for Industrial Development Bank of India. It was founded with the objective of financing and help develop small and medium scale industries in India.
B. K. Sarma has written: 'Industrial landscape of North-East India' -- subject(s): Industrial policy, Industrial development projects
The policy of the British Government was against encouraging industrial development in India. No incentives were offered to Indian industries for their growth. There were many desired and undesired hurdles placed in the way of the growth of Indian industry. Whatever industrial development took place in India was in spite of the negative and hostile attitude of the British Government .
A. S. Mathur has written: 'Prostitutes and prostitution' -- subject(s): Prostitution 'Labour policy and industrial relations in India' -- subject(s): Labor policy, Industrial relations, Labor laws and legislation
To learn about the merits and demerits of India's industrial policy of 1991, check out this link: http://www.yourarticlelibrary.com/policies/major-objectives-of-indias-new-industrial-policy-1991/23441/