This presentation summarizes the key points of the Industrial Policy Resolution of 1980 in India. The resolution emphasized strengthening the public sector due to its importance for large investments and long-term economic development projects. It aimed to correct regional imbalances, maximize production and productivity, generate more employment, promote export-oriented industries, and protect consumers from high prices and poor quality goods. The main features included revitalizing the public sector, promoting economic federalism and rural industries, removing regional imbalances, and addressing industrial sickness and excess capacity. However, the policy was criticized for favoring big business over small enterprises and promoting capital-intensive growth over employment generation or curbing monopoly.