Industrial Policy

Industrial Growth in India From 1950 to 1991

October 24, 2015

Form or Structure of Industries, which is existing in a country, is known as Industrial Structure. Nature of Industrial Structure is not static. It is changeable from time to time. Present Structure of Indian Industries is different than earlier. The change in Industrial structure or Industrial development...

Current Industrial Licensing Policy in India

October 17, 2015

Industrial Licensing was also abolished for all except short list of 18 industries in New Industrial Policy 1991. This number was further pruned to six industries. Currently (2015), only five industries are under compulsory licensing mainly on account of environmental, safety and strategic considerations. They are: Distillation...

License Raj in India

October 17, 2015

License Raj refers to regulations and accompanying bureaucracy that were required to set up and run Indian businesses in India between 1951 and 1991. The Government resorted to  licensing system so that it can maintain control over industries as per the Industries Development and Regulation Act, 1951....

Critical Analysis of Industrial Policy 1956

October 17, 2015

The Industrial Policy, 1956 was an elaborate document and was hailed as “Economic Constitution of India” It touched virtually all aspects of Industrial development. It established the public sector as epicentre of industrialization. Further, this policy must be analyzed in conjunction with IDA Act and License Raj...

Critical Analysis of Industrial Policy 1948

October 17, 2015

The Industrial Policy 1948 was a sincere depart from the British Era policy of lessez faire model followed by British rulers. The British policy was that Government was ill-qualified to advance the industrial development and all such matters should be left to private enterprise. Our...

Industrial Policy 1948

October 15, 2015

After having attained independence, the Government of India declared its first Industrial Policy on 6th April, 1948.  The Industrial Policy 1948 was presented in the parliament by then Industry Minister Dr. Shyama Prasad Mukherjee. The main historical importance of this policy is that it ushered India in...

Industrial Policy of British India

October 14, 2015

The British Government showed a marked antipathy and neglect towards Indian industries. The British Government in India followed the policy of free trade. It resulted in the demise of India’s world fame cottage and small scale industries as these could not stand in the competition of British...

Industrial Policy: Meaning, Need and Importance

October 14, 2015

Industrial Policy is a formal declaration by the Government whereby it outlines its general policies for industries. Any industrial policy has broadly two parts. First part generally deals with the ideology of the current political dispensation, while other one provides a framework of certain rules / principles....

Advertisement