important of industrials policy?
Answers
Answer:
Importance of Industrialization
Industrialisation is the first and foremost requirement of rapid economic development of a country. ... The industrial policy helps the country making it self-sufficient and prosperous by preparing a structure and basis of industrial development. Hence, the industrial policy of the govt.
plzz mark as brainliest.....
Answer:
hey here is your answer
Importance of Industrialization
Industrialisation is the first and foremost requirement of rapid economic development of a country. The industrialisation is not only helpful in the development of industries but it also promotes agriculture, trade, transport, foreign trade, services and social sectors of the economy. It increases employment opportunities, national income, per capita income and living standard of the populace. Therefore, an industrial policy is required to establish healthy traditions of industrialisation and to guide, regulate and control (if required) industrial development. The industrial policy of a country is influenced by the ideology ‘ and principles of the concerned government. The industrial policy helps the country making it self-sufficient and prosperous by preparing a structure and basis of industrial development. Hence, the industrial policy of the govt. must be well defined, clear and progressive. Moreover, it should be adhered to and implemented earnestly.