Question : Statement 1: The Industrial Policy Resolution of 1956 aimed to promote the development of heavy industries in India.
Statement 2: The resolution emphasized public sector dominance in key industries.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, and statement 2 is false.
Option 4: Statement 1 is false, and statement 2 is true.
Correct Answer:
Both statements are true.
Solution : The correct option is (a) Both statements are true.
Statement 1 is true. The Industrial Policy Resolution of 1956 emphasized the importance of developing heavy industries in India to support economic growth and self-sufficiency. The focus was on sectors such as steel, power, heavy machinery, and chemical industries, which were considered crucial for industrialization and infrastructure development.
Statement 2 is also true. The Industrial Policy Resolution of 1956 advocated for a dominant role of the public sector in key industries. It emphasized the establishment of public sector enterprises and state control over strategic industries. The government aimed to use the public sector as an instrument for planned economic development and social welfare.
Therefore, both statements are true. The Industrial Policy Resolution of 1956 aimed to promote the development of heavy industries and emphasized public sector dominance in key industries.
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