December 2020
Intermediate to advanced
857 pages
42h 3m
English
Content preview from Business Environment, 4th Edition by Pearson
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36 | Chapter 2
Industries placed under Schedule ‘A’ were treated as the exclusive responsibility
of the state. Schedule ‘B’ industries were progressively state owned. Schedule
‘C’ industries were left for the private sector. In schedule ‘A’, 17 industries were
included whereas in Schedule ‘B’, 12industries were listed.
The resolution made it clear that division of industries into separate categories
did not imply that they were being placed in watertight compartments. It was open
to the state to start any industry not included in Schedule ‘A’ and Schedule ‘B’ when
the needs of planning so required. The Industrial Policy Resolution of 1956 ...
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