The document outlines India's major industrial policies since 1948. The 1948 policy emphasized increasing production and equitable distribution. The 1956 policy aimed to accelerate growth, develop heavy industries, and reduce wealth disparities. The 1977 policy focused on small industries, foreign investment, sick industries, and labor relations. The 1980 policy targeted optimizing capacity utilization and employment. The 1991 policy aimed to make India a global player through international competitiveness, export promotion, and reducing dependence on imports. It liberalized licensing, investment, and the public sector.

1. INDUSTRIAL POLICY AND TRENDS

2. INTRODUCTION Industrial policy of any country reflects the growth and development of that country The term Industrial policy refers to all objectives, principles, rules, regulations and procedures concerning the industrial development, location and functioning of industrial establishments, ownership pattern of industrial, rate of growth of industries in the country.

3. It also describes the govt. policy towards foreign capital, labour, tariff and other related aspects. It also indicates the respective areas of large, small and medium scale sectors. It gives clear guidelines for promoting and regulating industries. Therefore, it shapes, guides, regulates and controls the industrial development of that country.

4. INDUSTRIAL POLICY, 1948

5. It emphasized the important to the economy for securing a continuous increase in production and ensuring its equitable distribution. OBJECTIVE

6. ADVANTAGE MORE EMPHASIZED ON SMALL-SCALE INDUSTRIES LABOUR-MANAGEMENT RELATION AND FAIR REMUNERATION TO LABOUR ATTITUDE TOWARDS FOREIGN CAPITAL DIFFERENT LABOUR LAWS,SUCH AS,MINIMUM WAGESACT,EMPLOYEES STATE INSURANCE ACT,LABOUR WELFAIR ACT

7. INDUSTRIAL POLICY,1956

8. OBJECTIVES TO ACCELERATE THE RATE OF ECONOMIC GROWTH TO DEVELOP HEAVY INDUSTRIES AND MACHINE MAKING INDUSTRIES TO PREVENT PRIVATE MONOPOLIES,BY EXPANDING PUBLIC SECTOR TO REDUCE DISPARITES IN INCOME AND WEALTH

9. ADVANTAGE NON-DISCRIMINATING TREATMENT TO PRIVATE SECTOR IMP. PLACE TO SMALL-SCALE INDUSTRIES REMOVAL OF REGIONAL INDUSTRIAL DISPARITIES APPROPRIATE AMENITIES FOR INDUSTRIAL LABOUR

10. CRITICISM ALTHOUGH IT HAS ACCEPTED MIXED ECONOMY BUT IT GIVE MORE IMP. TO PUBLIC SECTOR IN THIS, PRIVATE SECTOR SET UP IN THOSE INDUSTRIES WHICH ARE TO BE DOMAIN OF PUBLIC SECTOR PRIVATE SECTOR HAVE ENOUGH OPPORTUNITIES FOR DEVELOPMENT BUT STATE HAVERIHT TO ACQUIRE ANY INDU.

11. INDUSTRIAL POLICY ,1977

12. OBJECTIVE IMP. TO SMALL-SCALE INDUSTRIES FOREIGN CAPITAL INVESTMENT MEASURES IN CASE OF SICK INDUSTRIES UNITS LABOUR-MANAGEMENT RELATIONSHIP PROMOTION OF TECH. SELF RELIANCE EXPANDING ROLE OF PUBLIC SECTOR INDUSTRIES

13. CRITICISM THE POLICY IS CALLED “OLD WINE IN NEW BOTTLE”. THE POLICY OF ENCOURAGE SMALL-SCALE IND.WAS NOT CARRIED FULL EXTENT,ONLY 807 ITEM RESERVED OUT OF 2000 ITEMS.

14. INDUSTRIAL POLICY,1980

15. OBJECTIVES TO SECURE OPTIMUM UTILIZATION OF INSTALLED CAPACTITY. TO MAKE EFFORTS TO MAXIMIZE IND. PRODUCTION AND TO ACHIEVE HIGHER PRODUCTIVITY. TO GENERATE MAX. OPPORTUNITIES FOR EMPLOYMENT. TO REDUCE REGIONAL IND. IMBALANCES TO BRING FASTER PROMATION OF EXPORTS ORIENTED AND IMPORT SUBSTITUTING IND.

16. INDUSTRIAL POLICY,1991

17. OBJECTIVES TO TRANSFORM INDIA INTO MAJOR PARTNER AND PLAYERIN GLBAL ARENA TO ATTAIN INTERNATIONAL COMPETITIVANASS TO DEVELOP BASIC AND HEAVY IND.,ESSENTIAL AND VITAL GOODS TO REDUCES DEPENDENCE OF FORIGN COUNTRIES TO TAKE STEPS TO PROMOTE EXPORTS

18. FEATURES INDUSTRIAL LICENSING FOREIGN INVESTMENT FOREIGN TECHNOLOGY AGREEMENTS PUBLIC SECTOR POLICY MRTP ACT LIBRALISATION OF LOCALIZATION POLICY REMOVAL OF MANDATORY CONVERTIBILITY CLAUSE EXPANSION AND DIVERSIFICATION OF EXISTING UNITS CONTINUTION OF PHASED MANUFACTURING PROGRAMME

19. MARITS INCREASE IN EFFICIENCY INCREASE IN PRODUCTION LIBERALISATION INCREASE IN EFFICIENCY OF PUBLIC SECTOR INCREASE IN COMPETITION PROPER SIGNIFICANCE TO SMALL SCALE SECTOR ENHANCE THE WELFARE OF THE WORKERS

20. SHORTCOMINGS REDUCTION IN THE ROLE OF PUBLIC SECTOR PRIVATIZATION WILL NOT AUTOMATICALLY LEAD TO EFFICIENCY CONCENTRATION OF ECONOMIC POWER INCREASE IN REGIONAL IMBALANCE ADVERSE EFFECT ON ECONOMIC SOVEREIGNTY ADVERSE EFFECT ON SMALL SCALE SECTOR IGNORES SOCIAL OBJECTIVES

21. THANK YOU