What is the significance of the Industries (Development and Regulation) Act, 1951 listed in the Ninth Schedule?
The Industries (Development and Regulation) Act, 1951 is significant as it provides for the development and regulation of certain industries in India. It is listed in the Ninth Schedule to ensure its protection from judicial review, allowing the government to take necessary measures for the growth and regulation of industries without the risk of legal challenges on the grounds of violation of fundamental rights.