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Libralisation – IV

Measures undertaken for liberalization 1] Delicensing policy The industrial licensing policy was removed/abolished for all industries except six strategic industries ie hazardous chemicals, cigarette, alcohol, defence products, drugs and pharmaceuticals and industrial explosives. As a result the other industries were

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INDUSTRIAL POLICY AND INDUSTRIAL DEVELOPMENT IN INDIA.(Part-VI)

THE INDUSTRIAL POLICY RESOLUTION OF 1991. The Congress Government led by Mr Narasimha Rao announced the new Industrial Policy Resolution in July 1991. Aims of the Industrial Policy Resolution 1991. a] To unshackle the industrial economy from the cobwebs of

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INDUSTRIAL POLICY AND INDUSTRIAL DEVELOPMENT IN INDIA.(Part-V)

THE INDUSTRIAL POLICY RESOLUTION OF 1980. The Congress (I) Government announced its industrial policy resolution in July 1980. The 1980 policy endorsed the 1956 industrial policy and followed a pragmatic approach. The major aim of this policy was to regularize

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INDUSTRIAL POLICY AND INDUSTRIAL DEVELOPMENT IN INDIA.(Part-IV)

 THE INDUSTRIAL POLICY RESOLUTION OF 1977. The new Janata Government which came to power at the centre in March 1977. It announced the New Industrial Policy 1977 with an emphasis on cottage and small scale sector.  The main elements of

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INDUSTRIAL POLICY AND INDUSTRIAL DEVELOPMENT IN INDIA.(Part-III)

 THE SECOND INDUSTRIAL POLICY RESOLUTION OF 1956. Since the adoption of IPR 1948 significant developments took place in India. 26 th November 1949 – The constitution of India adopted with its “directive principles” of state policy by the Constituent Assembly.

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INDUSTRIAL POLICY AND INDUSTRIAL DEVELOPMENT IN INDIA.(Part-II)

THE FIRST INDUSTRIAL POLICY RESOLUTION OF 1948. The first industrial policy resolution was passed by the Government on 6th April 1948. It marked the dawn of the mixed economy and outlined the role of the public and private sectors in

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INDUSTRIAL POLICY AND INDUSTRIAL DEVELOPMENT IN INDIA.(Part-I)

Introduction The concept of “Industrial policy” is comprehensive and covers all those procedures, principles, policies, rules and regulations which control the industrial undertakings of a country and shape the pattern of industrialization. It incorporates fiscal and monetary policies, tariff policy,

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