Speech of the Chairman, Shri R B Amin High Indirect Taxes Harm Economy Plea to Replace Excise by Value-Added Tax THE following is the Speech of Shri R B Amin, Chairman, Board of Direc- tors, Alembic Glass Industries Limited, Baroda, at the Twenty-ninth Annual General Meeting held on June 8, 1974: LADIES AND GENTLEMEN, I have pleasure in welcoming you all to the 29th Annual General Meeting of the Company. The Accounts for the year ending 31st December, 1973 have been circulated to you in advance and, with your permission, I shall take them as read, I have to report, with deep sorrow, the death of our Director Dr Mangal- das J Shah in October, 1973. He was a Director of your Company for the last 23 years. I am sure you would all like to place on record our appreciation of his services as a member of the Board.