Effect of The Industrial Policy, 1956 on industries was _____.
           

Correct option is A

Effect of The Industrial Policy, 1956 on industries was industries started to get diversified.
 The Industrial Policy, 1956 was shaped by the Mahalanobis Model of growth, which suggested that emphasis on heavy industries would lead the economy towards a long-term higher growth path. The Resolution widened the scope of the public sector.
 The Industrial Policy of 1956 was a major shift in India's industrial policy. It aimed to promote the development of heavy industries and machine-making industries, and to reduce the country's dependence on imports.
Impact of Industrial Resolution Policy 1956
 It increased the participation of the public sector in the Indian economy.
 The government’s aim to push for a socialistic pattern of growth was pushed further.
 For the first time, a transparent and simplified classification of Industries was taken up in India.
 Industries under government control included those related to strategic and basic domains.
 The compulsory licensing provision was further strengthened.
 It led to the development of the public sector in India