ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Steel Decontrol

 revolutionary mechanism of the ballot box? Political commentators both foreign and Indian have been for once caught napping by the lightning rapidity of this change. Is it a shift to the right or to the left is the question being asked and debated in political commentaries. It is difficult even for doctrinaires to interpret convincingly these developments in terms of a leftward or rightward shift. The one thing which this shift undoubtedly connotes, however, is an anti-Congress swing of an unprecedented sweep and vehemence and an irrepressible desire of the electorate for a change. It is this force which has brought about the downfall of the Congress in spite of its massive electoral apparatus and resources; it is this which has stricken the Congress organisation and Congress- led governments with pathetic instability while the same force has facilitated the rise of loose coalitions of non-Congress parties and conflicting ideological groups to power with surprising ease. The general relief at the defeats of Congress stalwarts and the installation of non-Congress ministeries is a demonstration of the contraction of Steel Decontrol TOTAL removal of price control on steel has been expected for sometime and this week at the meeting of the Import-Export Advisory Council in New Delhi it was officially indicated that the formal announcement will be forthcoming in a few days. The first phase of decontrol of steel products was initiated when (he Government accepted in part the recommendations of the Raj Committee. Price control on bars, rounds, structural (generally non-flat products) was withdrawn and distribution of indents was handed over to a Joint Plants Committee consisting of the main producers and the railways. The old quota system was, however, retained for flat products, mainly sheets, plates, skelp and wide strips, billets, tinplates, pig iron (since decontrolled) and defectives of the the Congress mass base as of the widespread desire for an alternative to the Congress.

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