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INDUSTRIAL POLICY RESOLUTION (30th April, 1956). SCHEDULE-A. 1. Arms and ammunition and allied items of defence equipment. 2. Atomic energy. Introduction · Industrialization is sine quo none for the economic development of any country. At Independence, India inherited a weak and shallow industrial According to Industrial Policy resolution of 1956, Schedule A contains 17 major industries. Industrial Policy Resolution of 1956 is a resolution adopted by Schedule C: all the remaining industries and their future development would, in general be left to the initiative and enterprise of the private sector. Schedule 1948)¹ and the revised Industrial Policy Resolution of 1956 (IPR of 1956).² Both ment could issue instructions for rectifying the drawbacks.Under Schedule A, 17 industries were included. These industries were arms and ammunition, atomic energy, iron and steel, heavy machinery, mineral oil, coal etc.