- The IPR 1956 categorized industries into three schedules based on the extent of state involvement (Schedule A: exclusive state responsibility; Schedule B: progressively state-owned; Schedule C: private sector). - It aimed at accelerating the rate of economic growth and speeding up industrialization, while promoting cottage and village industries, balanced regional development, and preventing monopolies.
In which of the Industrial Policy Resolution (IPR) the establishment of socialistic pattern of society was adopted?
Asked in TNPSC CS Prelims 2019 · Topic: Industrial Sector (Industrial Policy and its Evolution since Independence)
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