Articles by N K Singh

year (1976-1977) under review, the Directors have recommended a higher dividend on Equity Shares'.
A most useful device to legitimise the denial of workers' right to their due share of profits is the so-called individual internal audit. Thus, even within kesoram, workmen of Spun Pipe, Cement and Rayon nulls have been granted 20 per cent bonus while workmen of the Textile plant have been offered the minimum 8,33 per cent on the basis of the poor results of the latter unit revealed by 'internal audit. The Birlas have followed the same principle in Birla lute which has four units: the workmen of Carbide and Cement plants have been paid at the rate of 20 per cent while the Jute workers have been denied that amount under the same plea advocated in Kesoram. Even the government managed Andrew Yule has followed the same practice; while the engineering division declared bonus at the rate of 20 per cent, the factory and head office at Kalyani offered the workmen just 8.33 per cent bonus. The tacties of company managements are quite simple, through the device of 'internal audit, the smaller units of a company, involving a smaller workforce, are shown as having performed better and workmen of larger units under the same company are deprived of their due share of bonus.

MADHYA PRADESH Oppression of Scheduled Castes N K Singh THE Congress has been shedding crocodile tears over atrocities against Harijans in the first hundred days of Janata raj in Madhya Pradesh. But such persecution of the Harijans is not new and was rampant under Congress rule.

In terms of transfer of foreign resources, they have little significance to developing countries. Yet a disproportionate amount of costly intellectual and manpower resources are devoted to dealing with issues which can more cheaply, more effectively and more relevantly be dealt with at the local level. These are issues relevant for a dialogue on development philosophy, not for determining the lending programmes of an aid agency. It is necessary that the Bank continues to emphasise the ultimate goal of development, but its lending has to be more relevant to the foreign exchange needs of the development programmes of its members.

DALLI-RAJAHARA The Struggle Continues N K Singh ON July 9 the pits of Dalli-Rajahara iron ore mines did not work because over 10,000 workers did not turn up. But they were not on strike; they had abstained from work because their leader, Shanker Guha Niyogi, had been released after 35 days' illegal detention on the orders of the Drug sessions court and they wanted to accord him a heroic welcorne. The acceptance of their immediate demands after a 19-day long successful strike which continued even after the police firing and large- scale arrests an obvious attempt to break the strike and the release of Niyogi has boosted the morale of the workers.

only a little higher than the figure for the industry as a whole (2 per cent).
Further attempts have been made to justify this inadequate expenditure on research and development by comparing the turnovers of international companies like Hoffman-La-Ros (Rs 1,633 crore-s) with that of multinationals functioning in India (less than Rs 50 crores) The fact that most of these multinationals in India are making as much as 20 to 40 per cent profit is overlooked.