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Explin the objectives of IPR 1956?

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Explin the objectives of IPR 1956?
  • 1 answers

Yogita Ingle 5 years, 4 months ago

The Indian Policy Resolution was taken up with the main objective of 'rapid industrialisation'. The IPR of 1956 was a major step taken by the government in order to declare the leading role of the government in the industrialisation process. The elements of the IPR namely, three-fold classification of industries, licensing industries and industrial concessions, were also focussed on increasing the growth rate of industries with the objective of overall growth and development. Also, this was done in accordance with the objective of social welfare and regional equity. Hence, the following were the objectives of IPR.
i. Rapid industrialisation
ii. Growth and development
iii. Social welfare
iv. Regional Equity

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