After reading this article you will learn about the industrial policy followed in India during the pre-independence and post-independence period. Pre-Independence Period: During the British rule, the alien Government took passive attitude towards industrialisation of the country. Following a lassie: faire policy, the then Government was bent upon turning India into an agricultural colony and economic satellite of the British [...]
In a backward country like India, industrial progress and the general economic growth cannot be speeded up without the positive assistance and participation of the state. It is the state which has to create a congenial climate for industrial investment and employment. The State has to provide opportunities for industrial growth, promotion of trade and building up of infrastructure essential [...]
After reading this article you will learn about the meaning and types of policies. Meaning of Policies: The term policy is derived from the Greek word "Politicia" relating to policy that is citizen and Latin work "politis" meaning polished, that is to say clear. These policies which are generally formulated at top level helps managers sufficient freedom to make judgments [...]