Question

During which historical stage did the formalised growth of public sector enterprises occur in India?

Options

• Pre-Independence

• First Five-Year Plan

• After the Industrial Policy of 1956

• National Emergency

Answer 1

After the Industrial Policy of 1956

Explanation:

Formalised and large-scale growth of public sector enterprises began after the introduction of the Industrial Policy of 1956, which prioritized essential industries and government-led development.