Industries (Development & Regulation) Act 1951
Dutta, L. M.
Industries (Development & Regulation) Act 1951 - 2nd ed. - Calcutta International Law Book Center. 1981 - 391 p.
Thnks to the germ patrege of the residers, the First Edition rout within a short time and it was considered secemary to bring at the second milicion of this book. A complete revision and recrientation of the book was imperative on account of the charges and modifications since brought about by the Government in the industrial policy. While revising the book, utmost care has been taken to incorporate the recent policies and procedures declared by the Government, up to date notifications, press notes and case laws. This has resulted in the increase in volume. The change in set-up, etc. has been made in the light of the experiences gained and expert opinions received.
In view of the recent stagnation is the industrial growth due to the infrastruc sural constraints and other factors, and a greater incidence of sickness in the industries, the reorientation of the policy has of late been made, viz. a more liberal allowance has been made in regard to the natural growth potential of the industrial undertakings of the key sectors; the reservation of industries on the small-scale sectors (for which investment limits have since been raised) is con tinued but it is made flexible, subject to review and adjustments in the interest of boosting the production and productivity; more pragmative steps are in tended for increasing the efficiency of the public sector industries; the need for a greater caution has been emphasised in the matter of take-over of the sick indus trial units; prompt issue of the letter of intent and industrial licences; a more liberal attitude to the private sector industries: Incentive to production for exports; and the like.
It is natural that the strategy for bringing about the industrial growth coupled with prevention of concentration of the economic power in a country of mixed economy should undergo continuous evolution and changes. It is a difficult task for all concerned to keep the knowledge of the developments up to date. It has been our limited endeavour to contribute to such a challenging task.
This time also we look upon the patronage of our readers whose criticisms and suggestions will be thankfully received.
Industrial laws and legislation- India.
343.078 DUT
Industries (Development & Regulation) Act 1951 - 2nd ed. - Calcutta International Law Book Center. 1981 - 391 p.
Thnks to the germ patrege of the residers, the First Edition rout within a short time and it was considered secemary to bring at the second milicion of this book. A complete revision and recrientation of the book was imperative on account of the charges and modifications since brought about by the Government in the industrial policy. While revising the book, utmost care has been taken to incorporate the recent policies and procedures declared by the Government, up to date notifications, press notes and case laws. This has resulted in the increase in volume. The change in set-up, etc. has been made in the light of the experiences gained and expert opinions received.
In view of the recent stagnation is the industrial growth due to the infrastruc sural constraints and other factors, and a greater incidence of sickness in the industries, the reorientation of the policy has of late been made, viz. a more liberal allowance has been made in regard to the natural growth potential of the industrial undertakings of the key sectors; the reservation of industries on the small-scale sectors (for which investment limits have since been raised) is con tinued but it is made flexible, subject to review and adjustments in the interest of boosting the production and productivity; more pragmative steps are in tended for increasing the efficiency of the public sector industries; the need for a greater caution has been emphasised in the matter of take-over of the sick indus trial units; prompt issue of the letter of intent and industrial licences; a more liberal attitude to the private sector industries: Incentive to production for exports; and the like.
It is natural that the strategy for bringing about the industrial growth coupled with prevention of concentration of the economic power in a country of mixed economy should undergo continuous evolution and changes. It is a difficult task for all concerned to keep the knowledge of the developments up to date. It has been our limited endeavour to contribute to such a challenging task.
This time also we look upon the patronage of our readers whose criticisms and suggestions will be thankfully received.
Industrial laws and legislation- India.
343.078 DUT