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

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The Story of Cotton Prices

January 27, 1968 Wished procedures under the industrial law. The year under review has thus been particularly unfortunate for your Company from the employee- relations angle. I can assert with out fear of contradiction that your Company is among the best employers in India, and the earnings of its employees are well above the average in every region of the country. We attach great importance to maintenance of cordial relations with the employees and are always eager to remove their genuine grievances. It is my earnest and sincere hope that thoughtless and irresponsible action on the part of the employees, often motivated from outside by political considerations, will yet be halted so that the continuance of the earlier cordial relationship of mutual trust and respect between them and the management staff built over many years may not be prejudiced. The employees must also realise that loss of production in an important industry like ours, especially in these days of recession, does incalculable harm not only to the Company but also to the many industries we serve. It is essential, therefore, as much in their own best interest as in the wider interests of the country, that the employees should adhere to constitutional methods for redress of their legitimate grievances.

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