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Zorluk: KolayIndustrial Policies, Infrastructure Sector, Balance of Payments, and External Trade

Arrange the following landmark Industrial Policy declarations of India in chronological order of their announcement, from the earliest to the latest:

  1. 1Industrial Policy Resolution of 1948
  2. 2Industrial Policy Resolution of 1956
  3. 3Statement on Industrial Policy of 1977
  4. 4New Industrial Policy of 1991

Cevap

The correct chronological order from earliest to latest is: Industrial Policy Resolution of 1948, followed by the Industrial Policy Resolution of 1956, then the Statement on Industrial Policy of 1977, and finally the New Industrial Policy of 1991.
The correct chronological sequence begins with the Industrial Policy Resolution of 1948 (India's first industrial framework), followed by the Industrial Policy Resolution of 1956 (which laid the groundwork for state-led heavy industrialization), followed by the Statement on Industrial Policy of 1977 (focused on small-scale and cottage sectors), and concludes with the New Industrial Policy of 1991 (which introduced structural reforms including foreign investment deregulation and delicensing).

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1
Identify the year of the Industrial Policy Resolution of 1948.
The policy was declared in 1948 as India's first post-independence economic blueprint.
Establishing the initial baseline year (1948).
2
Identify the year of the Industrial Policy Resolution of 1956.
The policy was adopted in 1956 to expand the role of public sector enterprises.
Establishing the second event year (1956).
3
Identify the year of the Statement on Industrial Policy of 1977.
The policy was presented in 1977 focusing on small-scale and decentralized industries.
Establishing the third event year (1977).
4
Identify the year of the New Industrial Policy of 1991.
The policy was declared in 1991 to dismantle industrial licensing and open the economy to global trade.
Establishing the fourth event year (1991).
5
Sequence the events chronologically.
1948 → 1956 → 1977 → 1991.
Arranging the years in ascending order gives the correct chronological sequence.

Anahtar Kavram

Evolution and timeline of India's major Industrial Policy Resolutions post-independence.
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