GLOBAL SCHOOL OF MANAGEMENT SCIENCE
TRENDS ANDCHANGES ININDUSTRIAL POLICY ININDIA
SIDDHARATHA KAUL ( GLOBAL SCHOOL OF MANAGEMENTSCIENCE )
TO : MR. SUBHASH GUPTA
There is no other economic policy in India which has so dominantly determinedthe pattern and direction of development of the economy as the “IndustrialPolicy”. To a large extent, the industrial policy has reflected the socio-economicand political ideology of development. Indeed, the industrial policy resolution of 1956, the fundamental principles of which reined until 1991, is described by somepeople as the Economic Constitution of India.
ParticularsPage Number1.Meaning of Industrial Policy52.General objectives of IndustrialPolicy53.Industrial Policy – History3.1Industrial Policy Resolution,19483.2Industrial Development andRegulation Act, 19513.3Hazari Report on IndustrialLicensing Policy3.4Industrial Policy Resolution,19563.5Industrial Policy Statement,19773.6Industrial Policy of 19803.7Review of Pre 1991 IndustrialPolicy3.8New Industrial Policy of 19916 - 124.Recent Figures12 – 145.More Liberalization to combatIndustrial slowdown5.1 Role of NRI’s14 – 166.Different Industrial Sectors6.1Infrastructure16 – 182
6.2Power6.3Coal6.4Petroleum and Natural Gas6.5Railways6.6Shipping6.7Aviation6.8Telecommunication7.Key Industries7.1Steel7.2Engineering and Machine Tools7.3Electronics7.4Textile7.5Role of Research andDevelopment7.6Planning for Development18 – 218.Traditional Industries – DYING219.India’s Pattern of IndustrialDevelopment2110.Challenges for India2211.Reason for Industrial Slowdown2312.The Industrial Downturn12.1Declining Export Values12.2Domestic Demand26 – 2913.Larger Lessons29 – 323
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