Discuss in detail Industrial Policy Resolution, 1956.

Question

26 Apr 2025

Answer :

Word Count : 310

The Industrial Policy Resolution of 1956 was a significant document in post-independence India, which laid down the foundation for industrial development in the country. It aimed to promote industrialization in a planned and structured manner, balancing the needs of public and private sectors. The policy emphasized the role of the state in steering the economy toward self-sufficiency and economic growth.

The resolution classified industries into three categories. The first category consisted of industries exclusively under the state’s ______ __________ ______ _______ __________ _____ ________ ______ _______.
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