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

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Baliapal Agitation Leadership Crisis

minister's Economic Advisory Committee also have not found adequate reflection in the statement of industrial policy presented to parliament. The planners in particular are emphatic that there is a crying need for strengthening non-discretionary but socially purposeful and effective regulatory mechanisms to protect and promote the development process on sound and equitable lines. The Planning Commission has also raised in its Approach paper doubts about the policy of liberalisation pursued in the eighties. But the union industry ministry is known to be a strong votary of liberalisation for domestic industry and open door for foreign capital The industry minister, Ajit Singh, would thus appear to have been in a hurry to come forth with an industrial policy statement but without coming to grips with larger socio-economic issues. Given the absence of necessary understanding and rapport within the NF government, especially between the union industry minister and the Planning Commission, it obviously has not been possible to formulate and present a full and proper industrial policy statement. Ajit Singh has chosen to rush with presenting a truncated statement which is not likely to serve the useful or positive purpose of promoting industrial enterprise on economically sound and socially meaningful lines. It may actually do harm in so far it may be taken as a signal in favour of industrial activity which should not receive priority. The question of socioeconomic priorities has been totally sidestepped in the industry ministry's policy statement.

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