The first Industrial Policy Statement of India was announced on

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8th March, 1948

8th April, 1948

6th March, 1949

6th April, 1949

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UPSC SO-Steno – 2018

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India’s first Industrial Policy Resolution was announced on April 6, 1948. Among the given options, April 8, 1948, is the closest date. It is highly probable that the option contains a minor typographical error, and it intends to refer to the correct date.

The first Industrial Policy Resolution in independent India was announced in 1948, laying down the broad framework for industrial development in the country.

The 1948 Industrial Policy Resolution broadly classified industries into four categories: those under exclusive state monopoly, those where the state would progressively establish new undertakings, those under state regulation, and those open to private enterprise. It also emphasized the role of cottage and small-scale industries. This policy set the stage for India’s mixed economy model of development. Subsequent Industrial Policy Resolutions were announced in 1956, 1977, 1980, and the New Industrial Policy in 1991.

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