Mains Paper II · 1 Indian Economy · 1.13 Industry

1.13.2 Licence raj: IDRA 1951, MRTP 1969, small-scale reservation and the 1977 and 1980 policies

From the 1950s to 1991 licensing under IDRA 1951, curbs on big business under MRTP 1969 and reservations for small industries controlled who could produce what and how much.

  • APPSC Group 2 · Mains Paper II
  • Advanced level
  • 5 min read
  • Full course

Key terms

  • IDRA 1951
  • industrial licensing
  • MRTP Act 1969
  • Dutt Committee
  • Hazari Committee
  • FERA
  • small-scale reservation
  • District Industries Centres
  • Industrial Policy 1977
  • 1980
  • SICA
  • BIFR
  • Competition Act

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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