define industrial licensing policy 1956
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Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian Parliament in April 1956. ... It laid down three categories of industries which were more sharply defined. These categories were: Schedule A: those industries which were to be an exclusive responsibility of the state.
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The Industrial Development and Regulation Act (IDRA), 1951 provides a basic framework for the growth and development of industries in India. The Act mandates every existing or new industrial undertaking to register itself with the federal government.
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