Industries (Development & Regulation) Act, 1951

The Industries (Development & Regulation) Act, 1951 is one of India’s most significant economic legislations, enacted to ensure orderly industrial growth, balanced development, and effective control over industrial undertakings. This updated bare act presents the complete statutory text along with the latest amendments, schedules, and government provisions governing licensing, registration, regulation, and management of industries classified as “scheduled industries.” It outlines the powers of the Central Government to regulate production, control standards, supervise industrial undertakings, and intervene when an undertaking fails to comply with industrial norms or threatens public interest. The book provides clear, structured access to legal requirements relating to industrial licensing, investigation into undertakings, government takeovers, development councils, and compulsory directions for industrial operations. It includes important definitions, procedural guidelines, penalties, and enforcement mechanisms essential for interpreting compliance mandates under the Act. Designed for professionals who require precision and legislative clarity, this edition ensures ease of reference for lawyers, policymakers, industrial consultants, company secretaries, and academic institutions. With well-organized content and accurate reproduction of statutory text, it serves as an authoritative resource for understanding India’s industrial regulatory framework.