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Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian parliament in April 1956. It was the second comprehensive statement on industrial development of India after the Industrial Policy of 1948. [1] The 1956 policy continued to constitute the basic economic policy for a long time.
Composition of India's total production of foodgrains and commercial crops, in 2003–04, by weight. India ranks second worldwide in farm output. Agriculture and allied sectors like forestry, logging and fishing accounted for 18.6% of the GDP in 2005, employed 60% of the total workforce [13] and despite a steady decline of its share in the GDP, is still the largest economic sector and plays a ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 6 January 2025. Integrated Schematic National Programs for Economic Development The article's lead section may need to be rewritten. Please help improve the lead and read the lead layout guide. (December 2021) (Learn how and when to remove this message) From 1947 to 2017, the Indian economy was premised ...
The economic liberalisation in India refers to the series of policy changes aimed at opening up the country's economy to the world, with the objective of making it more market-oriented and consumption-driven. The goal was to expand the role of private and foreign investment, which was seen as a means of achieving economic growth and development.
India is the world's second largest arms importer; between 2016 and 2020, it accounted for 9.5% of the total global arms imports. [274] India exported military hardware worth ₹ 159.2 billion (US$1.8 billion) in the financial year 2022–23, the highest ever and a notable tenfold increase since 2016–17. [275]
Another main characteristic of the Licence Raj was heavy regulation on industry. Legislation to regulate industry started with the Industrial Development Regulation Act of 1951, which laid out licensing restrictions on industries it designated as Schedule I which included industrial machinery, telecommunications, and chemical manufacturing. [25]
The Council of Scientific and Industrial Research (CSIR; IAST: vaigyanik tathā audyogik anusandhāna pariṣada) is a research and development (R&D) organisation in India to promote scientific, industrial and economic growth.
SIIDCUL was incorporated as a Limited Company in the year 2002 with an authorised share capital of ₹50 crores and ₹20 crores paid up capital through the Government of Uttarakhand in order to promote industrial development and develop an industrial infrastructure.