Question:

Elaborate the reasons owing to which the private sector was regulated under the Industrial Policy Resolution, 1956.

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Link the 1956 policy objectives to planned and balanced economic growth.
Updated On: Jan 13, 2026
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Solution and Explanation

Avoid concentration of economic power in private hands. Promote equitable distribution of resources. Ensure state control in key industries to accelerate development. Protect small-scale industries from unfair competition.
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