NIP_Final - CONTENTS 1. INDUSTRIAL DEVELOPMENT AFTER...

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CONTENTS 1. INDUSTRIAL DEVELOPMENT AFTER INDEPENDENCE 2. MAJOR INDUSTRIES IN INDIA 3. INDUSTRIAL POLICY BEFORE AND AFTER 1991 4. IMPACT ON PUBLIC & PRIVATE SECTOR IN INDIA 5. INDUSTRIAL SICKNESS IN INDIA
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INDUSTRIAL DEVELOPMENT AFTER INDEPENDENCE BEFORE THE BRITISH RAJ INDIA WAS INDUSTRIALLY ADVANCED THAN OTHER WESTERN COUNTRIES BRITISHERS PRACTICALY DESTROYED THE INDUSTRIAL BASE AND AFTER BRITISH RAJ INDIA WAS LEFT WITH A WEAK INDUSTRIAL BASE HENCE AN INDUSTRIAL CONFERENCE WAS CALLED TO HARNESS GROWING INDUSTRY DEMAND TRENDS IN INDUSTRIAL PRODUCTION PHASE 1 (1951-65) BUILDING UP OF STRONG INDUSTRIAL BASE Emphasized on, the development of capital goods industries and basic industries. There took place a massive expansion in the public sector. PHASE 2(1965-80) INDUSTRIAL DECELARATION AND STRUCTURAL RETROGRESSION This phase saw a steep decrease in the rate of industrial growth Government’s reasons for this decline were wars in 1965 and 1971; drought conditions in some years; infrastructure constraints and bottlenecks; oil crises in 1973. The economists pointed out that the market for industrial goods in the country is limited to the top 10% of the population due to extreme inequalities in the income and wealth. Hence when the demand from this population saturates there is not
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NIP_Final - CONTENTS 1. INDUSTRIAL DEVELOPMENT AFTER...

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