Industrial economy of India

The rate of industrial growth slowed down in 1970-71 after a brief period of recovery from recession. At a time when the economy could be well set for a major breakthrough, climate for industrial investment changed due to the new licensing policy, shortage of steel, deteriorating industrial relations and delay in getting clearance from the Monopolies Commission. An attempt has been made to analyse and appraise all these recent developments. This revised edition must prove of immense use to have a proper under standing of the problems being faced by our industrial economy to achieve the rate of growth envisaged in the Fourth Plan.

Several chapters have been rewritten. Special mention may be made to the revised chapters dealing with industrial growth and Fourth Plan, industrial licensing, public sector undertakings, regional planning, industrial location and Fourth Plan, capital market, industrial finance and development corporations, banks and industrial finance, concentration of economic power, industrial relations, rationalization and automation. Chapters dealing with the major industries of India have been revised to incorporate the latest developments in different industries and to discuss their future prospects in the light of these developments. Suggestions from readers would be very much appreciated by the author for further enhancing the utility of the book.