May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Part VI: The Industrial Sector
The policy resolution did not remain a mere expression of
a good intention. It was translated in a limited way into reality.
Several companies were fl oated with 50–75 per cent government
participation in their equity capital.
The IPR, 1956 envisaged that the state would help the private
sector in fulfi lling the role assigned to it within the planning
framework and the industrial policy in force from time to time. In
doing so, the state will continue to foster institutions to provide
fi nancial aid to these industries, and special assistance will be
given to enterprises organized on cooperative lines for industrial
and agricultural purposes. In suitable cases, the state may also grant
assistance to the ...
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