Birdseye view on the Industrial Policy of India. Industrial activity is a major source of stability in an economy. It is more crucial in a planned economy wedded to the achievement of such an objective of economic growth and social justice.
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What are the Major Reforms in Industrial Sector of India? Automatic approval of foreign investment up to 51% and foreign technology agreements permitted for all bulk drugs and formulation, barring a few.
What are the different types of Industrial Estates found in India? Though industries were established in different parts of India, industries are mainly found in a particular region of different parts of the country.
Changes in our Industrial Patterns Due to the Five-Year Plans. The rapid growth of the industrialization has developed a sound industrial infrastructure in the country. The productive capacity has increased remarkably though still inadequate through expansion of infrastructure facilities.
Seven serious Problems In Industrial Development in India. Excepting 1980s, the industrial growth in the country could not achieve its previous targets. This slow growth of industrial sector has an adverse impact on the overall growth performance of the country.
There are four major elements of the environment. They are air, water, land and sound (noise). When all the four elements become polluted, the environment automatically becomes polluted, in other words, degraded.
There was a time when agriculture in the country was largely a gamble on monsoon, when our farmers had to depend almost wholly on rainwater for irrigation, his bullock-driven plough for tilling the soil and on organic fertilisers like cow-dung and garbage for manuring the soil.
In this twentieth century when science and technology have gained unquestionable supremacy, the level of the’ industrial development of a country has become the yardstick to be applied to judge its actual development.
The rapid industrialization process has led to serious deterioration of environment both on the peripheral regions and within the city. There is a clear trend towards increase in concentration of industries on the fringes of cities in India.
Industries in India, like industries anywhere else in the world generate a variety of wastes in large quantities. These wastes may be solid, liquid or gaseous. Industry-wise quantities are not accurately known in many cases.