materials in finished products has declined. It categorized industries which would be the exclusive responsibility of the state or would progressively come under state control and others. They were desirous to change their condition, generated keenness for it, and set the change in motion. Industrial licensing is confined to 15 industries. Significant progress has also been made in the field of industrial research. Advertisements: Their misery and poor working conditions forced them to think about their well being. And for the same reason, the country is no longer dependent on imports of some goods of vital importance for the economy. Liberalization has given an enormous boost to private investment in the industrial sector.
Essay on, importance of, industrialization - Important India
Christianity was subjected to a devastating intellectual attack in the nineteenth century, largely from the perspective of the new doctrine of biological evolution. The resolution not only defined the broad contours of the policy; it delineated the role of the state in industrial development both as an entrepreneur and as an authority. But thereafter there has been an almost continuous fall in the growth rate to an average of as low.1 percent during the ten year period of 1965-76. This process was stimulated further by complex division of labour, the characteristic of the industrial economy. A significant number of industries had earlier been reserved for the public sector. It has resulted in certain common features which are different from the features of pre-industrial or traditional agricultural societies.
The industrial growth rate has also exceeded the population growth at around 2 per cent. The growth rate declined.1 per cent and came lower than the long-term trend. Similar serious is the structural retrogression. Long Retrogression: The fall in the growth rate over a long period of over a decade or so following the mid-1960s is a matter of concern. He insisted on religion and morality being accepted as the basis of education. The liberal leadership took up the cause of working men. Industrial Licensing Policy: With the introduction of New Industrial policy (NIP) should minimum wage be abolished essay 1991, a substantial program of deregulation has been undertaken.
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