Question

Q4. Industrial policy Resolution, 1956 laid emphasis on the role of:
a public sector
b private sector
c joint sector
d cooperative societies​

Answer 1

Answer:

The Industrial Policy of 1956 laid stress on the role of cottage and small scale industries for generating larger employment opportunities, making use of local manpower and resources and reducing- regional inequalities in industrial development.

Answer 2

Option a is the correct answer.

Industrial policy Resolution, 1956 laid emphasis on the role of Public sector.

1. Founding its base in the Mahalanobis model, IPR policy of 1956 focused on the heavy industries to make the Indian economy grow.
2. These heavy industries were under the control of central government and some industries under the control of state governments.
3. Any industry under the government control forms public sector.