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Making Monopolies Commission Irrelevant

Making Monopolies Commission Irrelevant AFTER a year of inactivity, the Monopolies and Restrictive Trade Practices Commission (MRTPC) seems to be flooded with work. Beginning with the reference to it of Century's expansion proposal, four other references have been made, all in a fortnight.

Tasks before the IRCI

Tasks before the IRCI (From a Special Correspondent) WHEN the Industrial Reconstruction Corporation of India begins work in Calcutta very shortly the city will have for the first time a development bank with a national backing. The IRCI's charter gives it an all-India frame but there is no harm if the Corporation confines its initial or even its permanent jurisdic- tion to the Eastern Region where there is more than full-time scope for an all-India agency. The grim events in East Bengal currently providing an emotional diversion in Calcutta from its pressing economic problems may permit a quieter inauguration of the IRCl's activities but the breathing time may prove too short unless the Corporation makes haste to get down to its tasks. There is no denying that the IRCI faces an oversized job, not in the sense of performing the typical financial functions, but in mobilising other services required for accomplishing its role. If it were only the financial functions, the existing all-India institutions

Controlling the Controllers

February 28, 1970 it has ignored during the past 35 years), it has to work out a long-term strategy of covering the entire economy INDUSTRY Controlling the Controllers by fears of lower prices.

The Full Circle

made surprisingly intensive studies in various narrow fields. And yet there was a major gap in the whole Conference which could not go unnoticed. There were no participants from the Eastern bloc countries. The views of social scientists from these countries on development would be relevant at the professional level and their absence was a loss to the total discussion. Sparse, too, were participants from other Asian countries and from Africa. These countries are equally involved in the process of development and an exchange of views could have been very useful. India needs to build relations with them at the non-governmental level. In net having consciously encouraged this inflow, we missed a major opportunity to build bridges with the developing world.

Profligate Ignorance

Profligate Ignorance Arthagnani THE World Bank is making an assessment of foreign aid needs for the coming year, and the aid club has scheduled a meeting in Paris in May next At the time of devaluation, India had a large volume of aid in the pipeline, estimated at about $ 2,500 million as on March 31, 1966. Devaluation did not throw open the floodgates of foreign aid nor, for that matter, of exports. Government had hitched on a nice round figure of $ 1 billion, which was reduced in more trying times, to $ 900 million. The genesis of this figure remains obscure to this day. It has been based neither on any cash flow estimates of the foreign exchange budget nor on the actual needs of various sectors of the economy.

Widening Technological Gap-Case of Packaging Industry

Widening Technological Gap Case of Packaging Industry Arabinda Ray IN the West, competitive pricing is the fundamental requisite of success in the packaging field. Where more than one supplier of equivalent standing, knowhow and customer service facilities is available, nobody is in a position to command a price premium as a matter of right. An ever-accelerating race goes on through a mammoth expenditure on research and development aimed at arriving at a more competitive price position through what is often a minute saving in cost. Since both manufacturers and fillers of packages have high volume operations, what looks a ridiculously small saving per unit becomes worth achieving for total economy. We are far from this situation in India, because microscopic unit savings do not make spectacular reading when they arc multiplied by volume. There is, therefore, great reluctance to effect a change which involves an increase in packaging risks

Heaping it on the Government s Plate

Heaping it on the Government's Plate FOR the country as a whole the importance of the cotton textile industry has been declining, but textile mills continue to dominate the industrial economy of Gujarat. The Gujarat Government, therefore, has particular reason to be worried about the recession in the industry which has led to the closure of a number of units in the last three years. In December 1967 it appointed an expert committee under the chairmanship of Manubhai Shah to inquire into working of weak textile mills. The committee's report, published last month, brings out a number of interesting facts about the textile industry in Gujarat.

Time to Worry about Costs

SHORTLY after its inception in 1952! it was realised that active public participation was necessary for the success of the community project movement, later recast into national extension and development blocks. Even after local representatives were associated in an advisory capacity, it was found that local initiative was still not aroused and institutions that would ensure continuous improvement of social and economic conditions in rural areas were still lacking. The Balwantray Mehta Committee examined the working of the movement and recommended a three-tier Panchayati Raj and reorganisation of district administration. Since the adoption of the Panchayati Raj resolution by AICC at its Bhavnagar session in 1961 most States have introduced Panchayati Raj.

Boot on Other Leg Too

undesirable aspects to competition. The most notable is that clients with large deposit resources would be able to secure unduly favourable terms through competitive bidding whereas the small man lacking such resources would receive less advantageous terms. Part of the answer to this is that each bank should operate on the basis of a published tariff of rates on deposits and advances and there should be no individual haggling on terms which would be both demeaning and wasteful But in the absence of a common authority to police them, even such published tariffs could easily give way to various abuses.

How to Reduce Our Sulphur Requirements

How to Reduce Our Sulphur Requirements S N Varma SULPHUR is used in large quantities for the manufacture of phosphatic fertilisers. To meet our requirements of sulphur we have to depend mainly on imports. Is it necessary that we go on importing sulphur when we can do without it? According to many soil chemists and agronomists, use of sulphur in the manufacture of phosphatic fertilisers is not essential Sulphur becomes necessary only when we want high water-soluble phosphates (with a solubility of 50 per cent or more).

Aluminium in the Red

Aluminium in the Red K V Subrahmanyam AROUND 1958, in pursuance of the Industrial Policy Resolution of April 1956, the Government of India conceived the idea that the public sector should enter aluminium. Earlier, EMS Namboodiripad, as Chief Minister of Kerala, had announced that Hungary was likely to assist Kerala in setting up an aluminium plant in the State. With the fail of Namboodiri- pad's government, the Government of India thought of locating this venture at Koyna in Maharashtra, but ultimately settled for Korba in Madhya Pradesh, and it took upon itself the role which earlier the Kerala State Government was to play.

The Petrochemical Revolution

February 10, 1968 tures of Modern India", p 47. 46 Interview with Bhalchandra Apte, Secretary, Delhi Branch, Dakshin Bharat Hindi Prachar Sabha, New Delhi, in May 1965.


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