The Karachi resolution of Congress in 1931 advocated which one of the

The Karachi resolution of Congress in 1931 advocated which one of the following issues ?

State shall not own or control key industries and services

State shall handover the key industries and services to the Indian business groups

State should allow the Indian business group to invest fifty per cent of the capital

State shall own or control key industries and services

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UPSC NDA-1 – 2019

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The Karachi Resolution, passed by the Indian National Congress in March 1931, was a landmark document outlining the fundamental rights and the national economic program envisioned for independent India. Among its provisions related to economic policy, it advocated for state ownership or control of key industries and services. This reflected a leaning towards a socialist pattern of society and state intervention in the economy, rather than a purely free-market approach or simply facilitating private business.

The Karachi Resolution of 1931 advocated for fundamental rights and state control over key industries and services in independent India.

Other important aspects of the Karachi Resolution included provisions for freedom of speech and expression, assembly, association, religion, equality before the law, protection of culture and language of minorities, universal adult suffrage, and prohibition of forced labour. It was essentially a statement of the political and economic aims of the national movement.

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