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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.
A country's infrastructure (including transportation, telecommunications and energy industry) is a major enabler of industrial policy. [6] Industrial policies are interventionist measures typical of mixed economy countries. Many types of industrial policies contain common elements with other types of interventionist practices such as trade ...
The Government of India initiated measures to play an active role in the economic life of the nation, and the Industrial Policy Resolution adopted by the government in 1948 envisaged a mixed economy. This resulted in greater involvement of the state in different segments of the economy including banking and finance.
10 April 1948 10–0–1 (abstention: Argentina) Admission of Burma: 46: 17 April 1948 9–0–2 (abstentions: Ukraine, USSR) Calling for an end of hostilities in Palestine 47: 21 April 1948 Resolution was adopted in parts, no vote taken on text as a whole Increasing commission relating India, Pakistan, and Kashmir 48: 23 April 1948
Meeting the demands of industrial policy’s resurgence will necessitate reimagining how these institutions collaborate to create intentional, sector-specific training opportunities for workers.
India's Open-Economy Policy; Indian Century; Indian pulse export ban, 2006; Industrial Policy Resolution of 1956; Insolvency and Bankruptcy Board of India; Insurance Regulatory and Development Authority; International Financial Services Centres Authority; Invest Odisha
This is the problem with industrial policy. It might benefit the government-picked "winners" but it does nothing for the places that don't get to host ribbon-cutting events and campaign speeches ...
Next, the Industrial Policy Resolution of 1956 extended these restrictions by designating certain industries known as Schedule A to be exclusively under state control, and certain other industries under Schedule B to be majority state-owned. [26] Industries in Schedule A included defense production, metallurgy, mining, and transportation. [27]