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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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What are the Main features of industrial policy resolution 1948?
India opted for mixed economy in this policy.
When was the new liberalised industrial policy announced in India?
1991
Industrial policy 1948?
industrial policyof 1948 was the 1st industrial policy of independent India.The first industrial policy in India was introduced bybritish in 1923.
What is the need of industrial policy in India?
stop child labor and educate
What were the shortfalls of the industrial policy pursued by British colonial administration?
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 are the Main features of industrial policy resolution 1948?
India opted for mixed economy in this policy.
How many industrial policy resolutions of India?
relaince
Who announced 1st industrial policy 1948?
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.
When was the new liberalised industrial policy announced in India?
1991
Industrial policy 1948?
industrial policyof 1948 was the 1st industrial policy of independent India.The first industrial policy in India was introduced bybritish in 1923.
What is the need of industrial policy in India?
stop child labor and educate
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
What were the shortfalls of the industrial policy pursued by British colonial administration?
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?
The Industrial Policy of 1991 in India aimed to liberalize the economy by reducing government intervention and promoting private sector growth. Merits include increased foreign investment, modernization of industries, and improved competitiveness. Demerits include challenges for small-scale industries, widening income inequalities, and environmental concerns due to unchecked industrialization.
What has the author Biren Mookerjee written?
Biren Mookerjee has written: 'How controlled industries work in India' -- subject(s): Steel industry and trade, Industrial policy, India
What has the author D P Gupta written?
D. P. Gupta has written: 'Industrial sickness and the role of reconstruction agencies' -- subject(s): Business failures, Industrial Reconstruction Corporattion of India, Industrial policy, Industries
