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

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Iron Ore Needs Perspective Planning

Iron Ore Needs Perspective Planning D C Kale THE export of iron ore is a major factor in India's foreign trade. Iron ore mining and export, however, have not developed as systematically as one could wish. The industry has had to meet the twin demands of exports and the local steel plants. The Federation of Indian Mineral Industries (FIMI) has recently published a study which makes the point that there is enough iron ore in the country to last for centuries and suggests that, therefore, intensive efforts should be made to export the maximum possible quantity of ore in the next few years. The study further recommends the export of pellets, pig iron and crude steel, until India is in a position to export semifinished and finished goods.

Red Light for Iron Ore

 IV Our discussion of the problem thus reveals some important characteristics of Scheduled Castes' situation. First, the Scheduled Castes are a minority group and have been traditionally deprived of being equal members of the community. The caste distinctions in India have played a major role in this regard. Quite apart from the fact that mere legislation is no adequate remedy for prevailing social practices, such legal safeguards against ascriptive caste statuses as have been provided to protect the low castes ie, the Scheduled Castes

In a Dither over Coking Coal

In a Dither over Coking Coal Mayuraksha THE threat to revoke mining licences and terminate leases held out by the Minister of State for Steel and Mines, P C Sethi, indicates the desperate straits the Government has been forced into because of the lack of a coherent policy towards coking coal all these years. The immediate provocation for the confrontation between the Government and the coal industry is the disruption in coking coal supply to the public sector steel plants because of the flooding of mines, but it raises certain important issues of policy. Principal among these are the conservation of our meagre coking coal resources, regulation of coking coal extraction and supply to priority consuming industries, encouragement of better mining methods and mechanisation and amalgamation of uneconomic mines. Unfortunately, on none of these major issues has the Government's policy been clear in the past.

Unmanaged NCDC

Unmanaged NCDC Magnus NCDC has achieved the dubious honour of having its performance described as "a story of unmitigated inefficiency and mismanagement" by the Parliamentary Committee on Public Undertakings (Tenth Report, Fourth Lok Sabha, April 1968). The Committee has shed much more light on the Augean stables of NCDC; cleaning them out is, of course, more difficult. Its criticism deals with planning, execution and sales policy.

Struggle for Survival in the South

development process. Bank credit, which is to be allocated by the National Credit Council however, forms but a small fraction of the huge volume of non-institutional and non-banking credit circulating in the economy. The latter is outside the pale of control and regulation by the monetary authorities. Further, the magnitude of credit required to finance even the priority sectors and targets, which themselves are liable to frequent changes by every shift in political pulls and pressures, is colossal as compared to the disposable resources of commercial banks. The crisis of 'resources' which has been hamstringing our planning effort is not peculiar to Government alone. Banks are also facing the same problem. The rate of growth of their deposits has slowed down from 17 per

Australian Success Story in Iron Ore

ECONOMIC AND POLITICAL WEEKLV considered a commercially feasible proposal and, given its integrity and competence, Tata can be relied on to discharge its commitments. However, it requires technical expertise and vision to judge the Tata proposal. Our bureaucrats totally lack such capacity. It is necessary that the Government take the advice of capable and independent consultants to vet the Tata scheme.
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