Economy, asked by tanvir7205, 9 months ago

Why and how private sector regulat under ipr 1956

Answers

Answered by ashwanikumargupta223
0

Answer:

The Industrial Policy Resolution (IPR) 1956 was adopted in order to achieve the aim of a socialist state with government controlling the major strategic industries of the economy. ... Hence, the government fully controlled the private sector either directly or Indirectly through the IPR 1956

Answered by rpharish25
0

Answer:

Private sector was given minimum role in IPR 1956. New industry could start operation after it had obtained licence from the government. Licence was given after scrutiny by the government.

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