What was the basis for the Industrial Policy Resolution of 1956?

Promotion of a mixed pattern of society. Encouragement of private sector dominance. Aim for regional equality and a socialist pattern of society. Emphasis on state control over all industries.

Aim for regional equality and a socialist pattern of society.

The Industrial Policy Resolution of 1956 was adopted to build the basis for a socialist pattern of society and promote regional equality. This indicates that the policy aimed to achieve a more balanced and equitable distribution of industries.