ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Imports at Cost of Jute Machinery Industry

a tonne. There is no denying that administered prices should ensure adequate return on 'Investment, SO that the industry concerned can attract new investment The task of detennining the relevant prices has been entrusted to the Bureau of Industrial Costs and Prices (BICP). Industrialists usually complain that the rate of return fixed by the BICP is too low. Now these complaints have been further confounded by the 'consuming ministries' challenging the BICP recommendations. For this reason, in the present case, the matter was finally referred to a committee of secretaries of the economic ministries

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