GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Schedule-A
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Schedule-B
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Schedule-C
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Schedule-D
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Detailed explanation-1: -Schedule B: those which were to be progressively state-owned and in which the state would generally set up new enterprises, but in which private enterprise would be expected only to supplement the effort of the state; and.
Detailed explanation-2: -Schedule C-These schedule consist of remaining industries which were to be in private sector. These industries were controlled by the state through license, enforced under the Industries Act, 1951.
Detailed explanation-3: -Under Schedule B, 12 industries were included. Industry will be state owned but private sector can also establish industry. Industries like aluminium, machine tools, drugs, chemical fertilizer, road and sea transport, mines and minerals were included.
Detailed explanation-4: -Schedule C Industries It consisted of those industries which were left out of Schedule A and B and were with the private sectors and subject to licensing and regulation under the IDR Act.