Industrial Policy Resolution of 1948 laid emphasis on a Mixed Economic Model and defined the role of the State in industrial development both as an entrepreneur and authority. It gave a four-fold classification of industries such
The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing
During the year 1966-67 new agricultural techniques were adopted in India during the third five year plan to enhance the production of agriculture.
Small-scale industries are those in which production, manufacturing, and servicing are carried out on a modest scale.
Household, rural, and traditional industries are other names for cottage industries or cottage manufacturing. The artists, with the help of their families and part-time workers, make items at home using basic tools and raw materials
The service sector in India refers to the part of the economy that is focused on providing services rather than producing goods
Prior to 1947, there was virtually no “public sector” in India. The only instances worthy of mention were the Railways, the Posts and Telegraphs
The private sector refers to the part of an economy that is owned and operated by private individuals or companies, as opposed to the public sector which is owned and operated by the government
Unequal distribution of income and wealth is a major economic and social issue in India. The causes of this inequality are complex and multifaceted, and addressing the issue requires a combination of economic, political, and social measures
Inter-state disparities in the pattern of development refer to the differences in economic, social, and infrastructure development among different states or regions within a country.
