publication . Preprint . Part of book or chapter of book . 2008

The Past, Present and Future of Industrial Policy in India: Adapting to the Changing Domestic and International Environment

Ajit Singh;
Open Access
  • Published: 01 Dec 2008
Abstract
In the post-World War II period India was probably the first non-communist developing country to have instituted a full-fledged industrial policy. The purpose of the policy was to co-ordinate investment decisions both in the public and the private sectors and to seize the 'commanding heights' of the economy by bringing certain strategic industries and firms under public ownership. This classical state-directed industrialisation model held sway for three decades, from 1950-1980. The model began to erode in the 1980s. Following a serious external liquidity crisis in 1991 the model was fundamentally changed. Indian industrial policy in the period 1950 to 1980, as e...
Subjects
free text keywords: Indian Planning Commission and industrial policy, institutional surplus, ICT, jel:O1, jel:O2, jel:O4
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Part of book or chapter of book
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http://dx.doi.org/10.1093/acpr...
Part of book or chapter of book . 2009
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publication . Preprint . Part of book or chapter of book . 2008

The Past, Present and Future of Industrial Policy in India: Adapting to the Changing Domestic and International Environment

Ajit Singh;