Q6. What were the positive impacts of the nationalization on industry?

Ans:Positive Impact: 

1.Due to the Labour Reforms of 1972, the exploitation of the labourers was

ended. Their salaries and other benefits were increased,

2.The industrial institutions began to pay all duties and taxes to the

government, which increased the national income, and the country advanced

towards progress.

3.The mill owners showed better attitude with the labourers. Strikes were

gradually decreased.

4.The hold of 22 families in the industrial circle ended and the capitalist class

was discouraged.

5.The control over the industrial units helped the government to maintain the

prices of the industrial goods.

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