Question

The Industrial policy resolution was passed first in

A.1931
B.1947
C.1956
D.1999

Answer 1

Answer:

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option c) 1956

Explanation:

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Answer 2

India passed the Industrial policy resolution first in 1956, and the correct option is C.

• As per the government record, the Government of India post-independence proposed and declared on 6/04/1948 the industrial policy to pursue in the industrial field.
• The then Industry Minister, Dr. Shyama Prasad Mukherjee, presided over the meeting of the Industrial policy 1948.
• The Industrial Policy of 1948 is of immense historical importance because it paved the way for the system of Mixed Economy to usher in India.
• After eight years, post the declaration of the industrial policy in 1948, the Government of India adopted the Industrial Policy Resolution (IPR) on 30/04/1956.

• The aim of the IPR 1956 was to achieve the target of a socialist state where the government would control the major strategic industries of the Indian economy.
• The IPR 1956 took the step forward toward the concept of the Public Sector Units in India.

• Thus India passed the Industrial policy resolution in 1956, and the correct option is C.

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