GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Village and Small-Scale Industries committee also called the Karve committee was constituted for the development of small-scale industries in ____
A
1950
B
1954
C
1955
D
1956
Explanation: 

Detailed explanation-1: -It was also called a Karve committee. It was named after Dattatreya Gopal Karve who was an Indian economist and professor who contributed to the fields of economics, public administration, and the cooperative movement in India. Karve committee was set up in the year 1955 for the growth of small scale industries.

Detailed explanation-2: -National Commission for Enterprises in the Unorganised Sector(NCEUS).

Detailed explanation-3: -Industrial Policy Resolution-1956: It was shaped by the Mahalanobis Model of growth. It suggested that emphasis on heavy industries would lead the economy towards a long-term higher growth path. This was aimed towards laying the foundation of regional equality.

There is 1 question to complete.