CHAPTER 04
Industrial Licensing
CHAPTER OUTLINE
- Industrial Licensing in India
- Objectives of Industrial Licensing
- Industrial Licensing Act of 1951
- Industrial Licensing Policy
- Policy Decisions
- Recent Industrial Licensing Policy
- Summary
- Key Words
- Questions
- References
INDUSTRIAL LICENSING IN INDIA
The Constitution of India in its Preamble and the Directive Principles of State Policy laid down that a state has the power to control and regulate economic activities. The Directive Principles of State Policy specifically require the state to direct its policy towards securing the following:
- Equal right of men and women to adequate means of livelihood
- Distribution of ownership and control of the material resources of the community to the common good ...
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