Question

Is there any similarity or dissimilarity between the Industrial Policy of 1948 and 1956?

Explain and bring out the main points?​

Answer 1

There are many similarities along with few differences between the industrial policies of 1948 and 1956.

Explanation:

• The public sector scope was limited in 1948 policy whereas it was wide in 1956 industrial policies.

• The division of the industry in 1948 was in four parts whereas in 1956 it was done in three parts.

• The 1948 policy was not in favor of the interest of the private sector while the policy of 1956 gave the extension that was reasonable to the private sector.

Answer 2

Answer:

Explanation:

The public sector scope was limited in 1948 policy whereas it was wide in 1956 industrial policies.

The division of the industry in 1948 was in four parts whereas in 1956 it was done in three parts.

The 1948 policy was not in favor of the interest of the private sector while the policy of 1956 gave the extension that was reasonable to the private sector.