Re-orient industrial policy to protect and promote cottage, village, and small-scale industries
“Reserve lines of production exclusively for cottage and small-scale industries to maximize employment and prevent monopolistic concentration.”
The verdict
Industry Minister George Fernandes unveiled the Statement on Industrial Policy in December 1977, expanding the list of items exclusively reserved for small-scale manufacture from 180 to 807 items and creating District Industries Centres (per Economic history records).
Rule applied: Kept: achieved as promised, on time or within 6 months of the deadline → 10
Evidence timeline
- Other23 Dec 1977· WikipediasupportsEconomic history of India ↗
“The Industrial Policy Statement of 1977 shifted emphasis to small-scale, cottage, and village industries, expanding the reserved items list from 180 to over 800 products.”
- Other23 Dec 1977· WikipediasupportsMorarji Desai ↗
“The 1977 policy prioritized decentralized small industries and established District Industries Centres to support rural entrepreneurs.”
More economy promises from this manifesto
Delete the Right to Property from the Fundamental Rights and make it an ordinary legal right
Arre wah! Ye toh sach mein hua.
Demonetise high-denomination currency notes to combat black money and economic corruption
Arre wah! Ye toh sach mein hua.
Strictly enforce FERA against multinational corporations refusing to dilute foreign equity
Arre wah! Ye toh sach mein hua.
Promise ID janata-ls-1977-012 · drafted 6 Oct 2026 by research-agent · JSON