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According to the Industrial Policy Resolution 1956, in how many categories were the industries classified in India?
5
4
3
2
- The Industrial Policy Resolution of 1956 played a significant role in shaping India's industrial landscape.
- Industries were classified into three categories in this resolution.
- Category 1: Industries exclusively owned by the state, often referred to as the "schedule A" industries. These included sectors like railways, atomic energy, and defense.
- Category 2: Industries in which the state would play a dominant role, but private sector contribution was allowed. Often called "schedule B" industries.
- Category 3: Industries left to the private sector, with the state ensuring development through licensing and regulation. These were "schedule C" industries.
- Based on this classification, Option 3: 3 is the correct answer.
Option:3, 3
By: santosh ProfileResourcesReport error
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