which year Punjab declared its first industrial policy ?
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The first industrial policy after independence was announced on 6th April 1948. It was presented by Dr. Shyama Prasad Mukherjee then Industry Minister.
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It was declared in the year 1948.
- The policy outlined the policy's broad outlines, defining the government's role in industrial growth as both an entrepreneur and an authority.
- The policy was later amended in the year 1956 which assessed the requirement to expand the public sector.
- It also aimed to encourage ownership separation and management in private industries, and, preventing the emergence of private monopolies
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