Industrial Development Strategies

The slow growth in industrial sector is mainly due to rapid changes in the industrial strategies. The planners have not yet been able to solve the central issues such as
 (a) balanced regional development
 (b) the policies of nationalization and denationalization of industries
 (c) sectional balance between agricultural and industrial sectors
 (d) the absence of clear demarcation of inductees between public and private sectors has landed the industrial sector in deep seated recession. The investment climate is at the lowest ebb.

For revival and growth of industrial sector, the law and order situation has to be improved, the security of capital invested has to be assured and the degree of bureaucratic control has to minimized and clear cut policy chalked out for investment both for local and foreign investors.