The 1948 Industrial Policy Resolution was India's first statement of post-independence industrial policy. It categorized industries as public sector, public-private sector, controlled private sector and private/cooperative sector. It aimed to promote rapid development of cottage and small-scale industries. The policy emphasized developing employee-employer relations, controlling foreign capital while recognizing its role, and strengthening infrastructure like transportation and energy. The overall goals were industrialization, raising living standards, employment, and a self-sufficient economy.

1. INDUSTRIAL
POLICIES-1948
A PRESENTATION BY GROUP -1
1. FARHANA JAYED [MBA/15]
2. THOUDAM SURAJ SINGH [MBA/O6]
3. BIKASH NATH [MBA/38]
4. BICKY B.MARAK [MBA/13]
5. MOKIBUR RAHMAN [MBA/57]
6. NAZIBUZ ZAMAN [MBA/39]
7. POOJA GOGOI [MBA/16]

2. INDUSTRIAL POLICY |
MEANING
• Industrial policy means rules, regulations,
principles, policies and procedures laid down by
government for regulating, developing, and
controlling industrial undertakings in the country.
• It prescribes the respective roles of the public,
private, joint, and co-operative sectors for the
development of industries.
• It also indicates the role of the large, medium
and small scale sector.

3. Introduction
• The Government of India announced its
first industrial policy resolution on 6 April,1948.
• The policy decides priority areas and clear doubts in the minds of
private entrepreneur regarding nationalisation of existing
industries.
• The policy resolution laid stress on the role
of the state in the development of industry.

4. Objectives:-
1. Achieving industrial development.
2. Promoting standard living of people.
3. Increasing both Agricultural & Industrial production.
4. Providing opportunities for gainful employment.
5. Achieving a self-sustained economy.
6. Achieving faster economic growth.
7. Alleviating poverty.
8. Protecting and developing a healthy small- scale sector.
9. Updating technology and modernization of industry.
10.Liberalization and globalization of economy.

5. Industrial Policy Resolution 1948 (6th April, 1948)
The main features of industrial policy are:-
1 }.CATEGORY OF INDUSTRIES:-
(a) Public sector: It includes industries owned and managed
by Govt. viz. Arms and ammunitions atomic energy
and railways.
(b) Public-cum-Private sector: It included six basic industries
coal, iron and steel, aircraft manufacture, ship
building, mineral oil, telephones, cable
and wireless industry

6. Industrial Policy Resolution 1948 (6thApril,
1948)
(c) Controlled private sector: These industries will continue to
remain under private sector but Central Govt. will have
overall control over them.
(d) Private and co-operative sector: The rest of the industries will
be run under private ownership or on co-operative basis
Govt. can keep check on these.
2}. COTTAGE AND SMALL SCALE INDUSTRIES:-
Rapid development of these industries was emphasised in
order to use local resources generating employment
revenues and production of consumer goods.

7. Industrial Policy Resolution 1948
(6th April, 1948)
 3}. EMPLOYEE-EMPLOYER RELATION:-
It was aimed that employee- employer relations should be
congenial. The worker should get fair wages and social
security.
 4}. CONTROL OVER FOREIGN CAPITAL:-
The role of foreign capital for industrial development was
recognised. But govt. Took full control over foreign capital to
watch the interests of nation.
 5}. DEVELOPMENT OF INFRASTRUCTURE:-
Special stress was laid on development of roads, railways,
electricity and irrigation etc..

8. CONCLUSION
• This policy help the industries to encourage the development
and growth of all manufacturing sectors as well as others
sectors of the economy.
• It also help to improve and growth of country’s Infrastructure
[transportation, telecommunication and energy industries]
for better economy and wealth.