Indian Industry General Knowledge

September 14, 2011

Dutt Committee

Dutt Committee or “Industrial Licensing Policy Inquiry Committee” was set up under the chairmanship of  Mr. Subimal Dutt as a follow up to the reports of Monopolies Inquiry Commission

September 14, 2011

Hazari Committee

Hazari Committee was set up under the chairmanship of Dr. R.K. Hazari, a Planning Commission consultant to review the Industrial Licensing System under Industries Development and Regulation Act, 1951.

September 14, 2011

Monopolies Inquiries Commission

Monopolies Inquiries Commission: (Submitted Report 1965) The Mahalanobis committee recommendation was accepted by the government and under the Commissions of Inquiry Act 1952, a Monopolies Inquiry Commission was established

September 14, 2011

Mahalanobis Committee

A series of reforms was initiated in the form of studies by some committees and commissions in the 1960s to tackle the problem of License Raj. First of them

September 14, 2011

IDA Act and Industrial Licensing

Since India had embarked upon the centrally planned industrialization, the government came out with the Industries (Development & Regulation) Act of 1951. The act had a prelude that the

September 14, 2011

Rise of Public Sector

During the first two five year plans the Industrial production in the country increased by around 40%. Was Government sector responsible for this? Yes but No. The credit goes

September 14, 2011

Industrial Policy Resolution – 1956

Before we delve into the details of Industrial Policy Resolution of 1956, let’s go back to the business environment of the day. It was a time when India’s first

September 14, 2011

Economic Policy: Gandhi v/s Nehru

The policy of the Congress Government led by Nehru was based upon the fact that there must be industrial development at all costs. Nehru wanted a country with Modern