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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.

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What are the Main features of industrial policy resolution 1948?

India opted for mixed economy in this policy.


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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.


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When was the new liberalised industrial policy announced in India?

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industrial policyof 1948 was the 1st industrial policy of independent India.The first industrial policy in India was introduced bybritish in 1923.


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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.


What has the author B K Sarma written?

B. K. Sarma has written: 'Industrial landscape of North-East India' -- subject(s): Industrial policy, Industrial development projects


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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 .


What has the author A S Mathur written?

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


What are the merits and demerits of industrial policy 1991?

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/