ECONOMY CRUX COLOR CODED NOTES FOR UPSC PRELIMS| IAS MAIN
INDUSTRY Industrial Policies since independence- Industrial Policy Resolution (IPR) of 1948- Mixed economy and socialist pattern Protection→ cottage and small-scale industries Industrial classification- four categories– Industries with exclusive central govt monopoly Mixed sector Controlled private sector Industries under private sector Industries (Development & Regulation) Act, 1951- The advent of ‘license raj’ Three major controls– Licensing, …
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