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In which year was the first Indust...

In which year was the first Industrial Policy based on the mixed economy principle announced in India? The policy clearly demarcated the areas of operation of the public and private sectors

A

1959

B

1948

C

1950

D

1962

Text Solution

Verified by Experts

The correct Answer is:
B

On April 6,1948 the government of India announced the first industrial policy based on a mixed economy principle.this policy was proposed to the parliament by the industry minister of that time Dr.Shyama Prasad Mukharji.
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Knowledge Check

  • In which year the first industrial policy in India was announced ?

    A
    1949
    B
    1956
    C
    1991
    D
    1948
  • In India liberal Industrial Policy was adopted in the year :

    A
    1948
    B
    1956
    C
    1985
    D
    1991
  • In which year 'New Economic Policy' was announced in India?

    A
    1990
    B
    1991
    C
    1992
    D
    1989
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