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IPR - 1948 -Features

•Division of the Industrial sector into 4 major categories.

•Small and Cottage Industries were given privileges.

•Considered the importance of private participation

IPR - 1948

1.State Monopoly

•Arms and ammunition

•Atomic Energy

•Rail Transport

2. Mixed Sector (IPR - 1948 )

•Six industries were specified

-Coal

-Iron & Steel

-Aircraft Mfg

-Ship Building

-Telephone, Telegraph & Wireless (Excluding Radio)

-Mineral Oils

-The existing can continue and after 10 years, the government will take over those undertakings by paying a compensation which is fair and equitable.

IPR - 1948

3.The field of government control

•The government will regulate Industries in this category

-Automobiles

-Heavy Machinery

-Heavy Chemicals

-Fertilizers

-Sugar

-Paper

-Cement

-Cotton

-Woollen textiles etc

IPR - 1948

4. The field of private enterprises

All the other Industries

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