Statements (25)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:public_policy
|
| gptkbp:amendedBy |
Liberalization reforms of 1991
|
| gptkbp:country |
gptkb:India
|
| gptkbp:effect |
abolished licensing for most industries after 1991
|
| gptkbp:enforcedBy |
gptkb:Ministry_of_Commerce_and_Industry
|
| gptkbp:excludes |
licensing retained for hazardous and strategic industries
|
| gptkbp:feature |
aimed to prevent concentration of economic power
discouraged monopolies encouraged small scale industries promoted balanced regional development regulated capacity expansion reserved certain industries for public sector required industries to obtain licenses before setting up |
| https://www.w3.org/2000/01/rdf-schema#label |
Industrial Licensing Policy
|
| gptkbp:introduced |
gptkb:Government_of_India
|
| gptkbp:legalBasis |
Industries (Development and Regulation) Act, 1951
|
| gptkbp:period |
1951-1991 (main period of strict licensing)
|
| gptkbp:purpose |
control entry and expansion of industries
regulate industrial development |
| gptkbp:relatedTo |
Industrial Policy of 1991
Industrial Policy Resolution 1956 Industrial Policy Statement 1977 Industrial Policy Statement 1980 |
| gptkbp:bfsParent |
gptkb:License_Raj
|
| gptkbp:bfsLayer |
7
|