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

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handy during the lean period. That the vanaspati industry should have found it necessary to plead for permission to use mustard oil after the expiry of the initial time limit speaks of the government's ad hoc approach even under con- ditions of easy availability, with prices ruling well below the minimum stipulated under the integrated policy, INDIAN VENTURES ABROAD Belied Expectations THERE were 179 Indian joint ventures abroad as on December 31,1988, according to the annual report of the ministry of commerce for 1988-89; of them 152 were in operation and 27 were at different stages of implementation. The total Indian equity in the 152 joint ventures which were in operation was about Rs 96.78 crore (including bonus shares). The approved Indian equity of the joint ventures under implementation was Rs 16.79 crore.

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