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R. K. Hllzari Profes•Or of foduttriill Bconomlcs University of Bombay BOMBAY Ineerirn Reporr to Planning Commission . ' .~u ~fi;~ INDUSTRIAL PLANNING AND LICENSING POLICY

INDUSTRIAL PLANNING AND

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R. K. Hllzari Profes•Or of foduttriill Bconomlcs

University of Bombay BOMBAY

Ineerirn Reporr to

Planning Commission

. ' .~u ~fi;~

INDUSTRIAL PLANNING AND

LICENSING POLICY

5 Indu.st:ey-1.

'l'ADl.~S l TO l•

S·r.\TW~t.iNTS A 1'il C

LHl'!' OF Tt\DLES A~'D STi\'fflMllN I'S

t TO Cl

IHTRODOCl'ION

P1<1T r-STAT~T1ci\1 ()11 N.INU

l'AaT ll-fl'ltA.\i.U\VOkK AND fto~ ... 1c;Y

l'M'f llt SU&l1'dAlY 01 R.l?OOf..t.\4,ltf{DATlON$

CONTE1''TS

I was appointed an Honorary Consultant in the PiannillJ! Commission in July, 1966 to conduct a study of licensing under the Industries (Devclop­ meat and Regulation) Act. t9Sl. 'The study hsd two objectives-

(!) To review the operation of Hccnsin$ under the Industnes Act broodly over the last two Plan periods and more closely over the

J last six-seven years, Including, th,e orderly phnsing of lic~n~ing with reference 10 targets of eepaclty,

(ii) To consider and suggest In the light of the present srngo of econcmlc dovclopment where and in what dieeeuon modificntion• may be made <n the licensing policy,

The preebe areas of industrial planning und licensing policy on which I was to work were left to my dlscrenen in consultnrlon whh the Industry and Minerals Division ot th<> l'lanuiog Oouunlsslon. I wµs lnfow1ed tha< the broad objectives or lndusrrlRI policy which were sought <o be acbtcved through the Industries Act were tbe following:

(n) 1hc rc3ula1lon of lndustrl•I development Ond canulhing M resources according to ptan priorities and targets;

(b) avoidance or monopoly und prevcnricn ol' conccntraticn oF wealth; (c) protection ul small scale iuclu$lrlcs against undue competition trom

larg.e scale jmluwles: (d) oncouragcme11l o.f new <11lr<p1·onou1'~ lo <>l~blish industries; (o) dilllributtoo or mdustnal development 011 u more 1vide~prc•d busis

in ditrcrcot rcaions: and (f) fo~l6ring of teehnology nnd economic improve1111lol• 111 iudusu !~8

by ensuring u nil'> or economic Niic~ and adopting modern processes.

Though licensing under die r11dw;lrie• Act hos been tho ptlocl,pol offici:ll instrument of Industrial plllnnlni;, und tho Act has been in torco slnee 1952, the only appraisal ur llccns•ng carried out :I() far (by Lbo Swamlnathan Committee) has been confined to proccdu res an(I allied matters. Thero has been no attempt to appraise the role and purpose of lndustrlal licensing in nn industrial environmeat which has changed considcmbty since the ennotment of the Industrlcs Act or, to ag~regato, clussify or otherwise nnalyse the d~tn provided in applications for licences. These omissions are 11pan from deficiencies in follow-up nftor tho grant of licences. -

Within the limiLed period of six-months allotted for thi~ srudy, it was not possible to examine the extent to which implementation of licensing policy bes subservcd the objectives i ndlcated ahow. The T.ndust~ and Minernls Divisions of the Pla 1t0lng Commission kindly placed al my disposal all the files available with them relating to the Licensing Committee and the Capital Goods Committee and intcr-governmeol correspondenee on lndustrlul policy. These are the only sources of ~tatistical data analysed iii this repcrt.

INTRODUCTION

, (Sd .'-) R K. llAz.<1111. ROMRAY,

\

In early Augu.:>1 1966, I mhrnirrccl a preliminary drlllt on Industrial Planning and Licensing Policy. Thi< was followed in mid-November 19611 l>y a supplementary 1101e which presented .a $latisti;;.1I rinal)ll>i~ of <be licensing data collected. '?'his .interlm rcpot l iucua pu1 ates these Lwu notes .. which have been suitably modified in the Ligh1 <>f discusskms held in lbe Pli\nn!ng Commission nn~ Ministry of Industry,

Tho aggrug;ue stalhtical dam 01,1 liCCJlSlng rclale to the cal~mh1 years 19$9, 1960, !964, 1965 and January-June 19~6. The data on the Birts Group cover the period 1957-Jnn~ IQll,<; 'l'be coverage of cepitul goods do!n is indicated in appropriate places. The final report will include ;ll;grcgatc li09n1i fill dnta for 19(; I to t 96) o)so, and tl1<> entire data will be arn1ly,<:ll in gremi.r detall by fndll$Tlic.1, $1:it~s and group~. The st~tistical darn sutler from a number of llmitnt;ion.s wlti<)h are ~pcelficid later. l urn WStdul to th<) Industry nnd Minerals Divislon Qf the Plonning Cornmisslon for providlng me with the llloilhic~ required (01· this s1u<.1y 1 have also bcnefitted from diseu .. ions wiih the omcern of the Minis1ry br lnduRtry.

2

3

PAR.'!' I Sbllilrti cal Oullill e

OJ This outline analyses the data on appticauonv, mvestmem In capital equipment and iµ tslilt\l\tec! import compccent collected from Ille agenda papers and minutes or Licensing Committee for <elected yoa.- The outline covers lb.: distribution of applications and approvals, for licences for selected years, namely, 1959. l960 and 1964 thruu!;h June 1966. by

( o) •i•c of inveflJncnl in earital equipment, (b) tvpe ~r proposnl l.e .. new article, substantial expansion and

new uodertakini,s, (fJ) location in $pccif\cd '\IAtc$, itrtd ( d 1 business group~. O =. Ii ulso covers, ~• o ,~~I ense, ~ ,tudy or opplicntiom 111:td~

bv nnd 1q>provati l!f•ntcd to the Sirin Gr11up from 1957 throuf!h .Tun1> I QM, 1og0li'ler with their proprn;cd lnvestmen; in '"q>iial equipment Md lt1 imll011 component. by type of proro~ as well n~ tor a seloc1 list ot' products,

0.9. 'llle Witu sulk1 f1om severe )imitations, ns set nut later lo pim I I, fjricRv WC dGto Ql'CI partial, incomplete 1111(1 in ~0111c .;~SOS not fully relln\?I~. 'They shoold be taken &I l'<lll~h indlcut0r~ of mar.niludcs. nol rr~ni'!> amo11nJ~.

1.1 A f<>w b(l'ml remurk• con Ix made on the bn<is or the dato col­ tected on pre>po~e\l mvesunent (iJontified with capital equipment only) awt it~ import 1·om11oner.l 13ctwcen 19!19 ~nd 1960 un the uuo hand. unll 1964--oJunc I 9!16, on the otbcr :

ri.) project~ ,,f l•1")1cr ,lr.e hov: become more frequent, lb) the import eomnonen; has declined lliA:htly, (c) '11C.\V ertklcs' aci.:(lnnl Por 3 rclt\t•vcly 101 eer proportion, one .. th.ird

ai;nln\t one-tenth 1;1( eppliootlon>, made u• "'ell •• approved, ond their share in total lnycstment hns also Increased,

(d) tho share or tho LWI' hip imh1strl•I uates. namely Maharashtra and West Bcni;al. in proposed lnvcotn1011t has visibly decllnd,

...,. rhoug·1 thi• I> more true b' Wc>t Don.~al. than of MohtLrosh1n1, 3l1d

(c) the •hare of lar~e and medium si•.ed grnup< in tl1c number of >pplk•tiono and Investment applied for has Increased and their share in approvals has risen •llJilitly to about 30 per cent of the number M applications nnd SO per cent or the proposed In· vestment.

1.2. \Vi1h the exception of le), tl-ese all indicate achievements in broad based :rnd diversified industrial growth,

2.1. The erowtb ef lnvesrment intcnliaM hns, On the other hand, clearly f•ltered in the Inst :u vears u& eomenred with the eve eot the Thirt1 Plan. Subject t(l the luuiruions enumerated in T)3ta 11 il-e amount of inW>~mcnt

191Q I~ ·rui...- 1966

,.,,,pb1t c111np0rwm "' % of 74tal hto.1:mmt r. AppJi.catit>nl b)i 1b~ (l/ 1ou1I i.nws.r>utnt r UPtO Jtt, 24 lakb , . 6? 83 64 bl 1\t. 15~9 lath• 74 Rt 63 o l<s. S<>-99 I 1th1 . . 70 8l ~R d) Rs. 100 llkhi an~ ~bove . 6o Sr 62

All l\l•pUcotiuns Total 66 Sr 63 --- 2. dp/)roll4l1b.Vt>'f1< (a) Nc\V a.rticlc: . 70 74 60 ~bS su.bat;uru:;.it ~Qnatou 69 73 S7 ~ New undertaking 61 84 65

All Approval; 'folOJ 64 79 62 3. if.p5r011alS ~y K"()1t/n SS 6s ~6 (a Blrla , , . • · · ·

~u) I.orsC & 01edlum groups (in.d.udlJ1g llJrla) 63 7~ 6; () AU private 8ecto1 [lncludiug {b)] . 64 79 63

flf&t.1.tt1 in J)IU'f•Uf;t$C$ rtl•c to appUc1uJuns v.·htch jnvcstmcnt d\CUI •rt nor 1v.altabtc. 3.1. This fnltcrlng trend Im• nN been srcntly allcvin~d by u, disdnet

Aita.in in nverrill import s.ub~titurioo. The dnru on import ccmpcnenr here are aa e8!in1a1cd lnilinlly by opplicont~ before On111i<otion of ~1roj•M~ and thorough scrntlny. among otlio1·s. by DOTO. The u.<lwtion or new cnpital intensive lndusutes constamly offsets tho imrort !IU!l!titution achieved In older Industries.

3.2. Granted all these, tho fuct remains thOI th~ import component of cupitnl equipment as estimated bv enl repreneurs, still exoo1.>ds 60 per cent, which I~ only slightly lower thau in 1959, though th~ pwgre~~ as compared with the peak attdinlld lo 1960 is some what better.

PROGt\lll>S o~ T Ml'Oll'I' S llll$T1TlJT!Ol<

·~4 JJil• t?S~ 196"0 19<JG (Annullf •vtt"S'C)

r. Anplieotiorta W'ti. 1091 ltiGo 6)J Invesrmem (R11, crorcs; (512) ($39) (Rr9

3•~ 637 4)1 2. Approv•rft Na1 6,4 6J4 ,,t/~ (32!) C•,7) lllv<Slment(lu. co•rt•) •6• )23 • s

in capiral equipment (as indicated in available data) app/if,d for rose from Rs. 324 crores in I 9S9 lo R$. 637 crores in l 960 and then dectlncll to Rs. 4JJ crorcs (annual average) [n l 96L-June 1~66. Similarly, the amount of investment iu capitol equipment (a< i11dicatet1 in available d•t~) approv­ etl increased from Rs. 161 crores in 1959 to Rs. 328 crores in 1960 and then fell to Rs. 285 crores (annual average) lo 'f964-June 1966. This trend is vi$iblc ill tho number of uppticauons, IOQ.

2.2. It must be remembered, however, that a significant part of liceos­ init in 1959 nnd !960 remained lnfructuous and the exemption limit for llccMln~ uf new u~de11nking> wa~ raised rrom Rs. S lnkhs to Rs. JO Jakhs in 1960 and further to Rs. 25 lnkhs tn 1964,

4

6.1. As n type of propcsnl, 'new urticle' has outstripped 'substantial expanslon' in 1 he number qf applicati6ns and approvnls and even the Jn. vestment lnvolved ls r.i.t carchlng up with the later. Even in 196~June 1966, however, 'nc\v articles' comprised only 14 per cent (against ~ per cent in 1959 and 9 per cent in 1 ~60) of total Investment and import com­ ponent proposed and npproved, tl1ou,gh thev aceountcrt for rott$hly one­ third or the total number or 1pplication• and npprovals,

5.1. Subject tu the Iirnirations of data, it app<ars that rcjectit'n of applications h•• been more (rtqucnt of late than in 1959 and !960.

4.2. IL follows that ony 1ucnninglul analysis of ind<1strial licensing data h~~ LO he. 111 terms of the invcwnent involved rather thAn the number of applications. ·

rallCU:NfAG"JS DlSTRIOU'f.lolJN t!J! A'Pl.lCATfCJ~S

Pr1Jpc.ttd Jm:''''"t"' (Rs. J..,oh'Jrt)

-- -- ---- -- -- Veer/l'triod 0-24 2$-49 l0-9? .oo & To1al

llb<>\'C ------- •9S9 No. bo·6 9·9 2·8 6•7 tOO•o

Amo11n' t7'9 ro·6 ~· s 6s·o 100'0

l960 ~ .. 65·1 1$'1 9') l0·6 1~·0

A1nounc to'9 9'9 n·3 66•9 100·0

&964 No. S:.l' L 22·5 1.i·9 ,,., J.00'0

Junt, A1rwu,tH. R•3 11•1 JT•4 69·2 100'0

19GG -- --

4. l , ThB tli~rillution ur the number of uµplications and their in\.e•tment is ~xtrcmcly sll"t.wed, \1ost of the app(ications arc for " small .amc;1un1 et lnvcstment while most of the investment is proposed under telntivcly few nppllcations (lhis is without preindice LO changes in the mlnimum eremp­ tion limir during the period). ~1or.: thnn tl>XH''•;rd1 of the lnvesunent is in p1·u]ocu. nl>twc R<. I crore, which account for only 14 per cont or lhi> number of applications.

:1.3, While the ucnds inter se ~re not marked, it Is cacher curious Iba!, Laking eacb period separately, there is not much divergence in the import component as between various s~s of investmenr, w,nen tillowance ls made Ior Ihe crudeness of the data- Since 1960, new nrti<;les and subs­ tantial expansion have a smaller import component as compared with new undenakings though the difference, once again i• uot substantial. AmOf\8 business groups, 'Birhi appears 10 have reduced it$ import comJJ<mcllt sub.wotiall~ but it had a much higher import component 10 begin with In 1959.

5

...

e t. MDhKtashua 2. Wc;ac 'Ocngal 3, Gujarat.~ 4. l\!odras , s. Rlh.r • 6, U.P. 7. Mysore R, ASS&nt 11. Andhra ro. Keri.111 11. M.P ... 1:., Puojat> 13. Delhi .14- ~JMthRn IS. Otiu11 16. Ka1lunlr

7.1. In terms ol the number o( Lotal approvals, there has been n dec­ line in tho proportion ot 'new undertakings' rrom roughly one-half iii 19S<l r11td 1 seo Lo abou l 40 per cent in l 964-June 1966. The proper tion or total investment "flfll'llv~d for 'now undertaking.,' has, however, 110ni:. up frnm 57 per cent in 19$9 und 1960 (tngether) 10 63 per cent in 1964- Junc 1966.

a.1. Maha. U>lnrtt which WU& Ll1C top luclusirl;tlis~d state In 1960 (in term> or i11du1tri11I output us 01ws11rcd by th~ Annuol Survey of lndu .. tries'' I continue ta occupy the hlf> f')nsitlon, even more iu al'i;>rovals than in oppllcQtioni., both hy 0111nber of applications and investment proposed. Its share In 1otnl approved i11vcstn1ent, however. felt from 27 PCr cent In 19S9 10 19 per cent in 1960 (111<1 17 per ceru In I 91i4-Junc 1966. "!'lie corrc~por1ding •ha1·c uf We" 'llentral declined (Blmo~t equally) from I 9 per cent 111 1959 to 18 per cent In 19110 and 12 per cent in 1964-Jtmo 1966.

8.2. The share of Mndm< nnd Bihar lrns ristn 'ianificnutly Irom 8 and 6 por eent, respectively, in 1959 to 14 uud 12 per cent, respecuveiy, In l 964-Junc I 966. Tho 1eumininA StuteR mkcn together nave not done too woll. <Though u more clotnifed breakdown hai not been nttempted for Other Slates indiv1duotiy, it is possible that Madhyn Prnd•ib 11J1d Gujarnt h;we lf<>na better than lhe mst In this cnte~ory),

10s 134 ~59

9• 100 39(1

Tl>t•I Up10 Th. i4 l,ekh•

Cuv~t- ·rota I mern

R11, :t4 "PIO

1.Akhf.

No. o: applications Amount Of Invest­ ment

(RI. crt'.-.,)

A;p(rcw1011s for 1"lew Artitli1'

6.2, Mai;! but by no means 1111 or lbe proposals f<'r 'new lu!icles' are for " 1dati.vcly small amount of hlve•tmcm:-

6

'Q. These Ille ooveu.'"1 1 •i eeveu e11cgOr1L·t. 1111 (Olltr,Y~ 1

1, T.aiia 2. "Blr]A 3. ,M.o.ttlf\ B11n1 4. Bangur, S"nwul, Bird HcHgcr, Aru.!.rcy,· Yule, Da.lmj111, gehu Join, A.C.c.~ . .,., ·rh.npar1 Gocnl:;a. J.K. O.aJOrlu .. Jala°' Sbrl Rani l1lt11cu1'tl-oMack~}. 6. Walchand, 1'-1.~f11tlal. Kasturbh.sii, Ses.hasayce, ~hind.tit, L<.irJ<.tS'l{D.f, ~irll,

S.:ifabhai. ShnJ>SC'IO. 7. lntttl'llltional Combiuct.

9.3. Within tho lnri>" !ID(\ medium rr<1upx Tata )lll.• hardly been active, considering Its top position while Martio Bum, made no applicutlons what­ ever In 1 \)'9 and 1964-Juu~ l 966, 11nJ was barely active in 1960. The pride o( place ls occupied hy Brrla, whtch merits specl al nueutlon.

J>i:!jCCllUJS:t'I

I .iJ)pU,·cuic11J (") N111nb•r 10• I lS'I 211•1 (b) I 1t\'c,tmeJ'\& B?'$ o·• 47•1 {c:) I mr>' re COlnp~u~nt ,,.g 40·6 .,.)

a. 1lppl"a11als (.l) Nutnber ia·o •7·4 ]0'0

(b) r1tvonlm.n1 •6·Q .irt•4 4q•8 (t) to1vurr ~1.hupol-i.:u· .16· 1 •s'·4 .so·i,

L9S9

L,i.nau ANO flt1Hl"ITtJt.t C:1tOL1•:- Ai' Pi:R Ct1NTtff Ait.. l'P.1v1&Tl1SfM'1'R

AppUcatt'<»tS cniJ AP{lfo~-VJ,'~

9.2 These fl'<iups account for about one half of Lota! investment, n~ would be clear jrom the summary below. I be1r share in invesun~DI applied for and approved has tended t~ rise over rhe period. Among other tWngs. they enjoy a higher ratio of approvals.

., 9.1. The share of lurge and medium sized business groups(~ iii the 1olal

number of app1jcatio.ns from the private sector was 20 per cent in 1959, z:i· per cem ln 1960 and 29 per cent in 1964-J une 1966. (This Tise might he dae in pan Lo the increase in the rninimum exempt limit for industrial licc,nsiog which umuauon miglit be material in number but not when it comes to proportio» o! investment since most Investment is in larger pro­ jects.) Their ,1wre in the rocal number of approval~ !1"'1nto:I to the prlvate sector was 28 per cent in I(}$<), 27 P"' <.:cnt in 1960 nnd ~0 per cent in

1964-Juno 1966.

J'.c-1959 1959 •?6<: 1a6t Ji)62

"f()TAL BXCLDnl1'\G 1963

Ycwc or Uc:cnci:.

Numberof llocnct1 1'nrclao C"Xch11n1r~ "{ rcquJrcd (RA. crores)

T4"1tal LJJT:• & Tc Lal L"f,' 11: Mc iutu Med um Crours GtQUP~

rt • 9 4 Neg ,. 16 S7 28

119 l7 to7 33 6~ u si 4 •11 47 f3l 67

rNuu1·r~t\1. L10l\N08' ~ot' r.1>v11uu'I MY Pn1t110N nxc'"1AN<n1

O/fara1K1 OJ "n Ja1111ary r, r964,

9.S. h ha, not been l"'~•ililo, given the llmlrnLlons o( time and data, to corrclutc 01 •~IJy 1he. licences issued to Iorgo and medium aroup:i with the ~pprovul• granted bv the Capi10J Good~ Commiuee. le rlnM, appear, novcrthelcs.,, 1ha1 at len~l Hs on January I, 1964, !hero wu~ B oonsidcrnblo accumulntion of pendin11 tfl>C< with the <.'.upi!:JI oeees Comniittuc. On Ihm dale. there were 25 I prol)()>Uh pcndln,11 for more lh1111 oue year: those involved lmporrs worth R>. 231 crores, Of these, 47 proposals Involving Import of 1($. 67 crores were fr9n1 lnr~e ~n1l medium 11rou1,,. nic in­ du<rry enc! year-wise distribution of these proposals arr given in Table 33

1. App/1'carr'b,,: (a) ll11ml)or ,.s R·7 a·s (b) [nv-c1tto11:11t ~·9 21•0 t8•7 (c) Import c:oml"'hen< I 1 •Q r9·e 14•11

>. AppMt.1al1 (•) llurub•r ~·? 7•1) 1'? (h) [nve11tn1~nt 10•$ ·~·1 is-s (o) InlpQrt component r4· J 20·~ ·~·1

----- -

1959

9.4. The Birla have in.~de a siddent advance, as ls evident from the summary below:

8

Subiect to thi~ u11.sati5lf~cLory comparabilitv 'it will ht fc)nnd ft.~ ittrlicAte below that, from 195'5 through September l966. the Birlns 5'ecured CGC

10.4. 'Ihe data on ~upil.al 11<~ds approved (001 to b<: confused with capital goods lioonsing) arc not fully comparable with Llcensing Com­ mlttee nDf)mv•ls, heca11~ mnny propns:ils approved by the Licensine Com­ mittee do not make progress towards capital goods ~prrrwnl either due tg the absence ot imoort component or variou' other reasons; ot tho some t!me, capital goods npproval Is gr:mted to a large number o] proposals which do not appenr in Licensing Committee papers or at Jc(ISt th~e wbic~ were accessible (O me. Out nf 375 Birla appllcations approved by the Licensing Conlmitloe lrem I Q~7 thro112h Juno I ()/i6. 51 hnd TIO import eomponent, 209 did not reach the CGC f<ee para 10.$ belcw) 80 secured CGC upomval r1959-Scptc1111)er 1966). and 29 wete In cotton and coal for which there is a separate [u.r~i.211 exchange allocctiou procedure. nrnkin~ a total of 369 most of lhc remaining 16 appeared to be under CdC consideration At the same time. there are as many as 119 cases. with a forei~n exchange allocation or Rs. 50 crores. which rlo not figure in avail­ able Licensing Committee dara.

I 0.3. The pace of Blrlo advance WU~ modern cc In 1957 1md 1958. wnsiJcrlug th11t It was 1hc second lacgcst group in ~izc and already timl the lar~est number vi' companies. more than 30() The build-up o( momentum st~rted in 1959 and tho break· 1hrouah came In 1960. There bas been no looking back slnce then. Over these !)i ye•"'· lhc 'BirlaR npplkd for 22R new articles, '21i7 111h~l;111- ti1ll c•pruislons and 443 new under1nki11s• (oH gross of some multiple counting) ~nd received epprovals tor 10~, 149 nnd 124, rcsecctively.

I 0.2. The llccn;ing Commluee &ranted approval for '.)75 applications, ot wblcti lnvestmem data available (or 240. These 24P a111)lica1ion< iu· vntved an Investment (in caploil equipment) of Rs. 246 crores with an import ccmponeru pl R!. 159 cf ores. Ir, on a rough and crude basi! tbese lnvesrment darn ~N boosted pro rata ror 1111 [he 37~ A11plicnlinn Approved, tho total investment (in eapl1al equipment) nnd it< import com· ponem would be R~. 384 ernres und Rs, 248 erores, res~olivcly.

10.L A Sl>plltato compilation of Jlirla applications and •pprov•ls from 1957 lhougb June l'.166 indicate that (in so far as dau1 are available from Licensing Committee paper) tbe Blrlas made 93$ applicatio,os during the petted, mctustve or multiple counting or applicntions ecosicereu more than. once. Of these 938, darn on proposed investment (in capital equipment alone) are available fcrr 4i2 ~pplications nnly. The investment proposed under those 472 applicsricns amounted to Rs. 496 crores, wilh an import ecmponent of Rs. 313 crores, Another 28 applicauons for which only the import component rnot rue total investment in capital equipment) is available made an Indent of Rs. 43 crores on Corelgn exchange.

9

I ().7. While Wo•t Ue:io.al nnd Mah >rn~litrn coutiuuc 10 be their prim~ tocailon, Birla» have ventured "'' u large scale 'n recent ycu,r> into )faLlhya Pradesh. 1\111.Jhm Raiasthun. U·P .. and Guiarm, :lnd are also dovcloplng interest in Assam, M-adr~'· K.ernhl. Punjab. Or~l\'>n onct Bihar. There l5 one project in KaAhmir (and the blank on the Birlu map in Mroro bas been filled up of late by the acquirdrion nf ~ ccrnem company •nrl n machine "'''1 company).

10.5. fhe recent general •l•uk in invc&l.Olcnt or PC•>i1t1is111 tn •AP.:"i•· 1i1>n• hll> nor nlTcdcd ure Birlll!!, rnll1er uc OOUDtr)'.

During the 21 yC":1rs, 1q64-Ju11~ 1966, LI>~) put In 325 upplicnlions for lnduinrlnl licences, of which l3Z pr"p(l~ed M lnvcstmem or fh. 180 erorcs Approval was received for 130, ur which as QCCOUIJLCd tor an l1wo.i111e111 or Rs, I 02 crore«, wJrh nn lmporr componcm ol Rs· S7 crcres.

10.6 the lar!lC number or Birlo PL'</POs~l~ .urd lhc am1>u111 of fuvcat ment contemplated thereln a~ diffuAell ovor lh• cnrlre indulllri~l structure llxccp~ 'bllsic Alce! and power generutlon, (drnoM every ~ind u( industrial product cnpnblc or dnmestlc manufac1'11fo is covered in the Birl~ perspec· ilv~ plan Then, is evidence of interei;t in new and rnpidly QrQWIJJM industries. particulorlv. alumlnlum, ctccrrieal j'Ood<, chemicals, cement. 111an-mnd11 Abre• and yam, heavy engineering, :llloy steel, pig iron, tools, timber products, newsprint, and pipes nod rubes hur trndi1i1mnl lndu;tric; like cotton. >UJ:lll. vam1s1"1tl and caper arc by no means Ignored. (See statement A),

~Ju;ohuftne CC>tll u.nJ C(.lt'"t'n lt-1lile111 •Ja,,,:.i.:1ry-Sep<t:1nb~r univ. ••f D:J\tdlng 119 approv:ibfo1 Rt. !i037 l<tkJ1.guf }'cOj ~.;h1 WllJClttfoll('~ Oeure ht Lfxn5fn$L

C9n1mlttcct. Scurc' l (1} .\1J11ucc:1 of °'J>i1;1~ ()oo<.I• <.:01.u11Jl.O(,

(1,) U~tor Protea• COfl"lf"t.1 hy f,1fl't~h t'1t\·h111u!c llUucadon ... 11 on Jan&.lllry 1, 196A i1111uot1 bv ijcon.01~1ic M\'1M::r, /.1Jru111ty of fndu111 ry.

i'QTAf ••

approval for 199 proposals involving un rrnporr componern of lh 120 crores,

IO

!'lo, ~I AmOW>r Appro,·o.la (Rs.

Lllkh•~

7 ~49 7 I 9i .. ••39 •6 22.?'0 ,, ~2~6 40 ~· 42 T ?2 •3

199 tlOlO

-- t9Sl 6 6<)7 IQj 6 .. 66 J9$9 IS ;i, 7Y7 196o 32 7 3737 1901 12 3 tll6 1\1(52 lf 3 "43 ·~63 12' 9 1320 1~1\4 30 ii 3or8 •965 24 18 1578 19S6•J 6 4 246

TOT~~ IS4 SS 1:1428

•Licence!! uptO lJ \lllf!, cac data upto Scpt6mber.

~o. or oppt<>vat, Import t.'t11U;pt),nt1U

A. hnJ)<•rl B. lwpotl ,R,. l..rths) Cqr.1p. C<>mp. qf A

avnibblc n~>: •Vlll>blr

v .. r ol L.G. opprovat

1().8. It is diilicult m evaluate the mulutude o[ Birla applications in almosr e'ccy produ,cr without n dose and complete follow-up of develop­ menu aflcr the consideration o[ upJ)!icuhons by the Licensing Commiuee. The data in hand mdicate ubiding or nt least preserving inletcst in a tre­ mendous vanotv ol products. lnteresr whiCh at times. defies several defer­ menu or rajr.ctiCJl'l~ of ~pplication to. atlain eonsummauon lo approval, interest which seeks to overhelm the relevant nuthcrities wlrh multiple proposals the 1"(tomcni suitable oppcrtunitiu~ ~ller themselves, ~l$ per­ rormance ls unrlvalled. aoJ ~ not to be bcliUle\.l or nndcr-cstimatcd. Whethu and if so, 10 what extent, this performance ucrually blocks the entry of other, c!lisw1g or potential, cmrepreneurs and utercey shuts out 1.'omf)L"lition, ls an open question, whk;l1 cannot be answered slralW\taway on Ille ba~is of the data in band.

ln •O far as Licenslng Oi!nmillM data can be oompurc~ w.ith CGC data, i( docs appeer, nevertheless, that a large number of Sirin lkcn4'<"~ do not. experience • follvw•through to the CGC •tui;•· l'he p:uti<:ulau ol such llcences are given in St3leo1ent B, which alsu gives n11 incomptere picture lo the extern au data on llcences lssu(:(j ure not nvailable lrom l,,iccnsing Committee paper\, Frii111 1957 1hro11gh June 191\(i, 209 Bl rla P~<>posnh which were flPproved by the Licon.in, Commiuce and which h(1d an Import componeru rn c-npi1nl cquirn cnr did not scent to huve secured CCC nl'provnl. Ot 1hc~e 209, uutll on impor] cornponen: ti~ given in ~pplicot1(11t' f1•r ~cences nee nv:iilablc For 154. Ihe JS4 pro;>o$nl~ h~d estlnimed an unpon componcm or R>. 124 crurcs, as compared with the over-nll total of !ls. 1~9 crores under 240 appllontions estunated in para J 0.2 ,1bovo. 7'/11\ 1k{i11/tel:y 11•(r-:>f11tts lilt i11/m~t11011.w1.C.YS 11/ Bir/a lircn<·c.r for, 11 le1r11e •111ml>~r l)j Jl"'fl"""'·' e111ptm•ti! l>y ('(1(.' tlll mil /i~w·1• In J..i~mslrl~ Commitl••• t/•ra. As 1;1.11.:<I in purn l0.4 CCC opprov<d l ~'> l.llrln propoll~J from J 951.> th ro1111h Scpt<>mbcr I %6 ,ind nllocoted r<~. 120 erores er wblch I I 9 propo: . .i, inv<1lvi1111 R;. SO crore-, did not appeae In 1,1ccn,i11g Commllleo par~"·

One might ln u <J:Obfl mood, bazard L"c ataiemem thnt Bh·la. do t\Ot follow up nb<>ul enc-half of chair ueenees,

1)1.-L.A"l..lCDNOBa/LOTTl\ltBOl' I NTIN'f JMJ'OK'I.' CoM11u,NnN'l' WU}Wt H.AVl.l Nl.l'" \JV,\.1_ij ru C\PJTAL Ooons Co•uT'fml 'l'lutOU<lll SL.'P't. i9~.

11

11,l. T11o data are taken wholly from the agenda papers and minutes of licensing Committee set up under the l ndustries (Development and Regulation) Act. This is. f understand, the IVs! lime that investment and

L0.9. lt ts to some extent legitimare Ill jnfer; therefore, that Birla enterprise, justifiable or nor i11 terms of ultimate performance, does tend to pre-empt licensable eapaeuy in many indilstric,'!. The sheer pressure of multiple applicatloru. fur each product must be such ~~ to yield positive results for at least rwo or more appticauoas. If 11U the licences received do } fructi!y or are Intended 10 rrucllfy. I.heir progress, if any, before Ol' •(lcr capital good, <\Jlpnival can oe so udjus1ed or spaced as to minimise the financial and managerial burdens of the group at any tln.ie-not necessurlly those o[ the economy as a whole. rr the applications are rejected or de- fcrred fo• subscqucm consideration, they remaln on the waiting liM ~gain~t future J~cniiog, ahead of new applicati<Jn~ from others.

IO. I 0. Ilic obllg~lion 011 aU units having j\)(ed assets of 11111rc than Rs· 25 lukhs LO Lake 0111 a llcense for new arlicle.o;.....upplicallnns which can be> relectcd out or hand u11 the ground of suJ!icicn~ licensed (not uccessarlty actual) cupacuy keepS Qt bl1y ,cxisling l~rge undcrtulcings wllich might have lhe capacity Ii) offer COmpctitiVo produce, by feasible Uivcrsiftcation. F.11· , terrrisQ plus Imaginative unde.rstanding ol licensing form111i1ie>, (!ms, enable the, Birlos 10 (orcclQ8c the 11wkct. A~tutc management turns tlus process 11110 high and quick returns on investment, which cams torcclosui•e nf cwpomlc rl!.\Ources genernlly, and helps mnitniry the halo munrl 1hc House of Blrla,

10.11. lt ls perhaps, mi uccidoni that certain Birla comp~nies which nppcar repeatedly among the ranks of appllCllnts (sec stntcm•nl A) and some of which do get ~ppmval tor thetr proposnls--huve llttlc to bon>t n{ in their balnnce 6hC•Lll und p101Jt and lO>S accounts. A rouJ:11 sample check with dau, qvuilnblc In the Compnuy Law Bonrd reveals that AJya­ vnrta Jndustrlc~, Bil<.iu1cr Commereta], I:!a;tern l!qulpmen1 and sates, Mnnjushree Industries. nnd Orlen1 G~ncn1l lndusiric~. which put 1n a lnrge numl>:r of applicatious fur 11 va1fo1v or ~rod11et< ore oiU1cr, t1·udin& :ind/or 1lnoncp companies or, J1<1ve very Rntoll assets to show uguia.i the licences issued to them. Arynvnrtu, Blkonor Commerclal und Eastern t>quipmon1 $1\(lw honlly noy fixed •S:i<ts 111 their lntc.i avaUnbre b~lnncc sheet~, though the last mentioned hu• n sin1blc turnover. Orient Generot bnd (as on 31st Morch, J 9G5) 1l<cd assets or Rs. 35 l11k11, ngRinst lnvest- 111cnts wonn RS· $7 laKh~ in ~h;1res, and n sales turnover of Rs. 463 lllkhs; during the year ended 3bl M~rcb 1963. its sale• amounted l.O R.,. 370 lokbs against fixed nss~ts of Rs. '>le.kb< Mnojushree, which holds licences/ letter' af intent for acrylic flbre, bamboo pulp, steel "'"tings and couon ~pinnins. had, Oil 30th Septem bcr, 1964. a share C(lpital of Rs. 5.000 and no liabilities or asse« to speak of. 0i~~ller Commeeds! which obtained a licence for lndustrlul e,~pio~ivcs ( probabty in 1963) rroposed in 1964 to transter 11 lo Kin)1.slav Golaghat Assam Teo, "• company under the ~""'" management", because it could not nli•c the necessary Iunds,

IO. J 2.. ft should be possible to enlarge the scope of such checkl.ng tr include m.aoy similar cases, These arc without rrejudice to the substan tial number and investment significanr.e of applications from establishec companies which have peocccded lO implement their licenses,

Limitation. of Dalo

12

impon componem data from LhJs source have been sggNJlllted :ind ctassined, as ai.wtCl irom the number of npphcanons and :ippmvals wbic:h have been avauanle so far. The appt(Cll.hons also contain soruc inforrua­ lion on th" requl 1 cments of physical resources like power, railway wagons, water, raw material, etc, l (ouher understand lhal IL has never been conslllercd worthwhile Lu aggccgaoo these data in any evenr, they have no1 been useu 1ot purpose> b( ptanmng or admlnistration,

Tho da!U Mtl£er rrom severe Iunimnons,

1(.2. Slucc 1962 the Mini,try or !nduSJ.rY' maintatns inree lists or iudustnes tor licensing purPQSC>, w)lwl1 an: subject 10 change every SIX month; (i) free hst, in which licences arc itivcn wuhour reference lo the Licensing Cornmittee, (ii) merit list, in which licences are given on merit$ n(tcr scrutiny br the Licensing Comruinee, and (iii) rcjcetiou list, Jn which npplicarions arc 1cjcC1od on g10uud~ of sulliciem capacity wltboin reference to the Li'"'nsing Committee·

ApplicutJon for the Ire.: list, as it stan\ls from rime to tlmc, do no! come be.lore the Llcenslng Conunutce. suc« ap111tcallo11s and approval.< ar« 1101 111tl1•tled /11 Ille dmu llllllly~td lw~. It is reasonable lo suppose lhat U1e number of such applie!ttlons, and npprnlllll, rnight be ccnslderable.

Applicatlo11s rcjec1c<1 on grounds of hdng on Lhe rejection list nre reported tQ thu Liceosini Conuniuee wblch sometimes does consider them on merit; In any event, beyond ~pecilying the product i!Rto of Jocation and npplicunt's name, this roport docs not contain nny data. Hence the dntu here are lncqmplcte to tbnt extent.

IL iJ only In r<;spuct v( tho merit list 1h<1t tlte UceJ>Slng Committee l• furnished with o ccmprebenslve >llll\nl:.iry of the data. Evc11 in 1hls case, the amouut 11f 1no~ed lnvcstmcm ls, In many cases, OOl speclJied or the summartes n. pc~sen1ed omit some purtlculars: ~.IJ .. s1:11~ of location, type of proposal, etc,

ll.3. 'There ls a Lime lag between approval by the Lic~osin~ Commiuee. which is V:cboicully n recommendation 10 Governmen« and i~•ue of u Iicense or, sometlmes an intra-Government difference of opinlon which delays conllrmatioj, of minutes of meeungs,

Since 1964, t.bc Lloensing Committee 61$1 issue a lcucr uf l.ntcUL vahd for a specified period and, after cou1plctioo of various prelim.WJ.rics, gives 11 ucenee, In Uiese dala, no dlsuncuon bas been road" between licence~ and letters of lment.

ll .4. The same upplio:ttioo with or without alternations is, at times, considered more than once by the Licensing Committee which may defer or reject Ir and then reconsider, agaln sometimes, more I.ban ouce Bl the request of 111< applican: or the siate of location or consequent upon 10· opcuing of a whole lssue. 11 has not been possible to eliminate mulliple coum~ of such applicauons. Some of the deferred cases are decided "on file ' at a higher level and the decision is not available in, the licenaing Commitree papers.

11.5. 111e distinction between the, three lypes or licences new articles, substsntlnl expansion and new undertaking, is not always clear i11 the

13

available papers, Errors 0£ recording and taking down of data are some­ v.bat common m this area.

J ! .6. Owing lo limitations specified in (11.2) lo (115 ). the data 011 number of tJpplicc'1iOqs wrd appr1~vn!s aulflly;red here df~ not :!~,pcct~d to tally W•th tlws' ieleased periQd/cal/y by lite Mi11islry of l11d1mrJ,

ll.7 . Isstimates ol investment Md im(1>">tt component are, in moot cases, tentative :ind are lo be lllken as broad nUlgmlud<ts only, For the sake of convenience, investment is idcntiflod in !,his analysis w)th capital llympmcm and excludes oiner related tlXel! ;n11cstm~nt. The import com­ ponent ts as esummed mitlaJ!y by die- applicant

u.s. Tile minimum excmptlon limit for lloensing Q( new undertaking$ wa$ rutsed from Rs. s lakhs to K,. t O laklis ln 196() and further 10 Rs. 25 lakhs in 1964, Tn1er-1omporal comparison have lo keep in mind the chnnges iii oA<Jllplion limits. Lhough ibese would not a~pl'.llCiabl,y •Jlfocl the distribution Qr Jnvc1rmcnt DI tJlstinu• rram the numhcr Of apphcatjon•,

Ncv.i artitteiJ .1nJ substantial cxpa1'1~~\)H u( 11~1tlcrl;tkln.~ '1lrcJdy licensed nre 1101. ~owo~-w. covered by th~ cxcmpt19n limit. A $Cparut~ licenoc is reqolred for cnGh such prr>f)Cl'll\l, even i( 11t.1 invesuuern is required for the manufacture ol .1 new nnlclu

$ubstauLiul ~x11au:>iu11 lo nm ~cf111cd precisely In 01e fndosrrlt~ Act but ii> Interpreted to mean an addluon or more umn 10 per cent to licensed capacity.

I J.9. U11Jur the l111Justrlc, Act. only the Ccntrul Oovcrnment and RP<-"Cill.cd Governments ure c~crnpt from licensing. State Governmenu and public sector lxi<lie• corpornte have lO upply for ljcc11cc~ in the norma! course. The procedure fnr cn11<id•ring propos« s (r1.11n such 11pplicuotR i$ not uniform. ApPnr-Ontly, the larger investment proposnts do not co111~ botoro the licensing Committee. Their dnm nre not incl11dc<l here.

11.10. Tho >UllC of loc~•ion rofcra !)OnO<plly '" the locn1ion or U1e uodcrt~king. Sometlmcs, however. 't nl!IO refers 10 the •tate of loeadon or the reglit~l'l;d olflce. etc, It l>t•s 1101 been p<JSSiblc 10 nvo!d errors on J11~ :iccolfnr.

11.1 J. 'The data have nu ttrc1<:J1cc tu follow-up action alter cons!der1lllon nr propt>snls by the licensing Committee u~d/or tbe t'apltnl Goods Comnntree. To th~ extent licences do not l'ructify ullimatcly or. there ii n time lni; between sanction and 1'1Ct11~l Investment. or a tlilTcrcnce between estimated cc:»! and actual cost, there would be a wide gap between investment intention~ and fulfilment.

14

'

i lJadu~

Fnuoework and Folley

l now urm to the lltlicul<1tion and errecuveaess ot industrial plttnnin&, anp make suggesuons 10 bnng uboui some basic cbangcs In in.dustrlal licensing policy. Since the aaulysls is based on certain viewc about l'Jllllning in lt(:ncml, I SCI OUl first Ibo broad outline of my thinking OQ the subjece.

12.1. Tiu) Indian economy i$ an ;JJir.US)Ull o( vwiow elemente, The public sector accounts for only about 15 per cent of national income though 114 snare in new lnvesunent i~ eoc»idcrably largor. In 1950-51, 11.>c contribution of llie public sector to the output of (organised) industrial m!Ulufacturcs \VUS less than 2 per cent; this contnbution rose to about ll per ce,nt in )960·61 and \Y11uld J1uw UlU:ecdcd ZO per cent nt the end ot rh• Third Plau. 'l'lilil l.o'l'<ONn>OnL notwlthat.andlnQ tho sonoral picture .. one of nn economy in which the private sector (monctii:cd and aon-mone­ ti7.etl) oc:cou11l• ro1· Lb~ bulk <11 output, Uicowe nud savings. IJJ other words, 11side from s11b<is1enee acttvl ty, economtc opcro1ionl are ~ubjcct 10 the marled mechanism, to the extent the olloc<>tion and m.una!(cment of O!ll)llomlc resources 11re net under I.be dlrcct und/or elTcctive ndminlstradve coot.rol of Ool/emment.

12.'2. Nol~>uy 'crlou•ly •usgi:~t• lh"I. Lite market mecbnnlsm iw or can bo an exclusive or perfect mcaru for the allocation of resources and mox.lntisntiou ol the arawth mte. Equnlly, tJ1er.i nee gruve doubts, particulnrly ~1 view of our plm c:xpcrienec, nbou1 1hc r-issibillLy ot echlcvlng u perfect udrolnlatrutlon wblcb would successfully and efficiently override or suppl~a1 what ure usually described ;IS market criteria or market ussessmem of operatlcns. Ev~n u p.:rfocL udminlstratlon in o fully cenlrolls planned economy {which was held one time as tho planaed counterpart of cl .. &icul pc•·fo9t eompctltteu) would oco<l, h ·~ now recognised, shadow pricoa or t!ltt~ of returns, ete, tor cllectivo plnlUUna and assessrncnr of performance.

12.3. In a mixed economy, with a relatively smull but fast growing public sector in ludustrial pruducclQtl, and u large but not so tasc grQ<A1ng private sector s11bjoc1 tn vnrlous ildminl~trntlve controls, the :\lloeatloo of resources is guided by n combination ot market forces 11nd :itlministratlve dlrectlons. Slnce the private sector generates the bulk of resources, which ore a common pool upon which both public and prh·atc sectors draw and since ecuuuJ.uiC a ... livjty Lakes place In u lmi.lit.iOnaJJy free euviroumem, it l• obvious th~t the morkcL mechanism is In (act of greater import than administrative fiat,

13. J. A number of measures have been taken of late in lbo direction of making zreater use or fscal and monetary devices to regulate, among other rhlngs, the direction ol private investment; at the same time many direct contmls nn prices, produt::lion nnd distribution have been relaxed or lilted. T:i.x coneesslons and credit policies have been more selective since

15

PARTll

'

t

In Novcrubce 1966, ~.noclkr 29 indu,,11ic' WC('C dcllccnltd on 1hc 1wo t4JQUl~~5 men­ don.ell nl>ow. pJu . .11 th: need co ciea1~ 1ddltiorud f111\1nh rlM ca~clty nnd to ('l[ploh e-.worL p01."eflt~J a.nd itrre.ase •trJcultu.mJ produCLit">n~ ro QI.at irQn ap\to pipes (2) steel ;lllt0t¥l billP.t• by tlef'tric fu.rl)(ll('(' (a~ rtO~v~hicul.llr u1tu.Ml,iCc11ibll!tfon 4ngint!s bck1w so h,p. {bOth diesel and PCtrQl) (4) th:etrlc m~1«1rs uiitn so h,p. (5) clt.'CCrio furn;i(X'~ withtut imporr of ,wlchrear and ttansforme1 (6) b1cyCle11 nnd toml?oncnt_, (7) N'a 1n!K'h1nc.J'Y' {8) J)(lwc1 lrivc:n pump1;(9)11gric:uJui~a? tptllfC'r:t(c:X(:cpt m@u11t) c(lll~~nliQn~I nnld ~iiar,~t-k ~yet: with indiaeru>U.S cnai~ (10) Alr and ps «i111preiist't11 upto 6 C.M.M... (rJ fue Jlghting equip· merit (1~) coated abra~ivcs (13) sewing machines aod oor11JX>llCntsJ14 wc'ghing mach.ines (1$) mathcm~HlQ\J., IJUT\'C:);ng and dr~Wing lnitruo1t'hb (r6) miXe fcrtiJi,~rt (17) c.11.1t:iuo1 Qltbol'.Ct'e (f8) b11riumQU'booate {i:9) bar-iumr:hltvr;d: (zo) ba.t'µiu nlu:slC. (z..r) lnlJ·lur~l ~1Ul­ phatc (22) bllt11ellxc (23) aalvated blco<:hlng c:irtl\(24) nctiv«ted culx)u (2SM•tallic otca•••os (26) iodjtlJD l\ln.1.n:iJ\'ltc (27~ p~J'd borudl«tr.l\\' bOar<.I (~R) pqpet C<>t p.tcbging (29) ~rd ~card '"!''ludina fibre board, cMp hcl•Trl JlJld l"ltllcle bo•t<I•,

•Utclfcu htdu•tr-k11 w~rod~lletn~td In 11.•ay -r~;(t)ll"(')n AJ"!d ·~~~ Q41ttlr\SJ• u11d f\\rgln;, (2) Iron an~ sti:ct 1truciurnta (3) ol..otrJo mOlors UJ)LO JO h.p. (4 ,pulp (SJ po"·cr ~1cohol (61 ""'""' exmolcd <•IJ• (?}glue and geluln (8) gtau (9) nre rkllt •nd furnocc t nings (10) .;en1cot, JYf"ll""ll 1nd t11:1ulatJJ:tA bt·iurJ.11 ( li) 1 lnU.1cr pn.Hlu~L~.

The rooO~titutcd SwOJuinnthnn COmmiuce r<:o:>mmc:ndcd in march tg.66 t~at 11., •• v;(nl"n\)ly iPC$1lci11p.-1 iJH.ht1'trfot wblch do J\Ot Involve ·he Import Qf <:Ol)JtQI (IO(>dn a:id o( ruw maceriah1 should be c:x~n1ptcd Frum the llc:v.ntlng rmvitinn, (If the Act... It ehculd by and l•TK< be kCt to t~c economic Juoi•rucnt of the en:rcprc~'"' tu drddc wherh&r or no1 he will c"tf:t th: llcld 1rtd n1ake an u1,rto1tn1t.tll and tu what cJC~c4t. (J.\ Lhcsc fl~kl!!, 1hc: targttt l,oiJ down hy rhc: Planning OJnllnl!iSlon allould serve a, lnJklaLive l~rJ.ll"ti aud as a t'lictor to be c:onsklertd by the prospecrlve tnv1:str.r in h.il ll91Wt1met\t of deman .. 1 aod other co::>nu.mtc data"

1964 while tb,e prices and/or distribution of several ludusu'ial products have been decontrolled. Some industries have been delicensed pursuant to the recommendartons of the Swarninathan Committee. ~ Profirabitity standards have been or are proposed to be llli<l down and enforced for pul)lic enterprises; ir is hroatlly accepted in principle that cstcnti:tl or high priority industries in the private sector. too. shou Id mn ke adequate profits to generate nnd mobilise resources,

J3.3. I ugroe with tho view tbat planning should make the be•l use c1f the market mechanism, at the same time as it ~lops up the growth of public sector investment and output, and depends upon nscat, monetary and foreign exchange controls for manipulation of the marker mechanism in the desired directions. 'In th" context of industrial planning, this implies, among other thinr,s, o clear advance :ilnten•ent Qf priorities, &i'tiJntcr reliance on relative profitablllty, raxurlon (both direcc anJ lndlrcet] and provision or credit and forei!P' exchange, ratner than pre-occupation with the system and procedure o( mdumlnl llCl!nsing. Moreover since pJnnnlng is essen­ tially tho pmjoc.Lion of (entrepreneurship and) management on n notiMnl scale, there has to be n clear perception of the nreus which nr~ "'- ewer. wbelrnln.g lmponnuce in relation to the principal objectives and whlch, therelore, require plnnnlng ia depth, nR dhtl"SJ.'i'hed from other orcn~ which nre of lesser SlJ:lllficnncc in qunntinnivc tcrrn~ or ror auninment of the principa! objectives and which, thoref'orc require only nvtuiuul ouen­ uon in plpDlll;ng.

14.1. tndustrlll pJairnlng, in the present slruatlon ha1 In oim nt three main Inter-related objectives;

(a) Mfniml~ing the net ntpcgnle fo1•cig11 exchansc coil of the iodu•tl'inl progrnmrue mid m11Rms tho best 11v11J1oblo use of torelgn exchange;

(b) Mlnl1nislo11 the 10101 (including ntJ)CC) cost ot the inchi<trln1 programme; and

16

15.5. rt can also be suggested tlmt Licensing (though, perhaps tu a lesser extent than the rore1gn exchange crisls) l\n$ been one of the suctess(ul in>trumcuts of the policy durloi; Lhc"Seconcf Plan period to create U1e urge to in<luMGlnllse. This urge "-31 telnfnrccd aniorlg ether thlngs, by the implicit ussurunce of more or less monopolistic (or non-ccmpetitive) posltions whlch liccacec expected lo occupy, with the help of foreign culluburulors who ini,tlated them into new industries, Now, the urge is there (perbups, not so much clue 10 crtscs) in spite of the Corci11n exchange crises and &D is a much greater degree of familiarity witb new technology, and, in a wny, things are &implified in so Iar as addlti.onnl output comes from existing rnther ihnn new units. Correspondingly, the need lo assure monopolistic position, is, to put ll mildly less pressing. More output, st less cost, if possible, has become more important than Iiceaaing of additional capacity per St.

I S.4. IU lor balnnccd 1·cllionul development, ti1e more dltfu•~d nvnil ublllty or power and wbut arc in ellect pos1a1:c stamps rates for steel, cement and cool, togetl1er wJ1h the selling up uf. uew industrial centres, mostly around public sector projects, have been 11 positive ben~Gclal loJluoncc '" against the rather ncjl'JtivG bia~ which Jodustriol licensing has.

~ S.3. Moreover, for semc umc w come, most of lhe expansion nod diversification of oulllttl nnd Iresh inveatmcnt i:. expected £rot11 existing, rmner than new, "'" ortuUIJl)!i (111d, to th~t c~tuil, llcc1»ing i• either nor requirllel or inv11lves considerntloos and problems djffercot from those till, say. 1961.

I S,l. In uny cvcui, the area of •·ig11i(rca11cc which industrial lia11sing occuntrs '·' prugres.1ively >l11mM11g. l'ro(11 nbout one-fourth of total (large ~cnlc) 111<J11sulal tnvesuncnr In the Fir8L Plun, 11\e public sector rntsed Jn ir~ share to roughly one-hat]' in the follow1.11i: two Plan~; the proportion would be nbout 60 per cent in tbc Fourth J.llnn. Fonnalities apart, Indus­ td:1l licensing does nul reolly npply lo the public sector.

l S.2. Slrnila 1 ly, 11111;0 1idvote project,, which nmoum foe two thirds or more uf proposed total inve8tmen11 are subjected to a procedure somewhat diflerem Crom th~! for 'normal' Uoensing.

J 4.2-. It is difficult lo assess the oxteut to which induWial licensing (or planning in t<ne(ltl) h"~ SQ for contributed towards tbe fulfilment ol these objectives. As emphasised earlier, the market mechanism is stronger and more pervasive thrui administrative fiat in channelising investment nnd determining output, directly, in the private seetor and indirectly through tho common l?'~l of resources .. in the public sector too. Besides, li(.;ensing had a number of objectives which, at we time ot enactmem or the Industrles (Developmem and .ltegul~llon) Act fitteen years back, were perhaps Co!Ciillcrcd hi equal in ltnportence to cbannellsarlon or investment, These objectlves concerned balanced regional development, protection o( small and cottage Industries, and avoidance o( concentration and monopoly. These, and dtscouragcrncnt of' wasteful competition,, too, nave receivod J1t tcrnion j11 Pluuning 11ud ;1<l1oi11i,tttn Iou.

(c) Mn><i!flising 1b1> lotlll output (especially in the .priority areas) in rclati9_n to the given volume Investmcm 8ni1 materials:

l7

..

...... '

Objective. o.f Lkensing 16.1. The main objceiives of the Industrial Development and Regula­

tion Acr were to : (1) .provide for Government control over 1J1e location, expansion and

setting up of private industrial untlcrtllkl:r.g with a view ;111er alilJ to channel. lnvestments uno the desired direcdons, promote balanced re!Jlon~l d~velopruent, protect small '11\d connge indus­ tries and prevent coneentrnrlen of ownorsbip and control tCI 1hc common detriment;

(2) take over Or transfer the mana~mem ol' those und~skiTig.j which are being conducted in II manner detrimental to 1110 industry or the public lnler6st; and

(3) s~t up Development Counclls, one for each major industry, 10 act as some kind ol industri~I pl;1nnlng and development 01 gnnioaiion<.

16.2. Leaving aslde (2) nod (3), whlch I deetu to be l)Utside my terms of reterence, tho majoe sssumptlon implicit in the A~I Wa6 that gruwth and allocn\ion of CC$OUrce~ •lluulu IN l~okcd alter wholly or mainly by adminis­ irnuve guidnnce, promotion and control und h11r..Uy at nil by Lho llt3t'l.tl mechanism. Tiiis n~umpt100 had considerable juslific:ition upto n point tor, left 10 itwlr, 1~e market mechanism could 1101 dd1vcr the good•, CS(>l!Cially in the absence or nn a11et1ua1~ infra..111ruc1urc and chrect Govern­ ment pa1·ticipallon in industry and trade. 'l he ~c11Jo nnd co1npl~xity of the cfl'ort undertnken subsequently by both public und prlvare •<:<1tor• and neute 001J.l)nuini; abortugo of Corel~ cicchoo~~. could bu.rely be rorcseen in tho early fifhes.

l 6.3. IU plan prosr~mmes tor indwlry acquired sJllUif1ctmcc, tl1e essentially negative instru1nen1 of liccming Rs.1UUICIJ the pvsltlve role cf being the prlnclpal udminiMiaiJvc in•trument Md sanction tor projcctlng the lnstnl­ llltion of capacity ~p10 or around 1 he 1nrguts lnld down in the pion. Licensing was not, however, conccmeo 1~ilh the actual Iullllrnent t:if th•·'<' capacity 1nry.ets or the output resuWng. t'r(')m 'l(lditfooal cnp,1oity or tho ~L of additional cilpnci1y nnd output. ln obeisanee ro indiJ;cnminoto import substitutiou, und the "urge 10 induMrit\fue'', IL even failed to curb io-1!1101(1 in obviously low priority nrcns-<t>Sumlng thn1 such a rcas were Olticinlly rtCOgnilS(d.

16.4. Since 1957, Ucenslng 11:.s nlso sought (more nt COO thml the Licensing Conuutuce stage) LO keep the volume Of projected invc~tn>CnL within the "vailablc resource, of foreil)O exchange and/or 10 uullse uv:11lnble foreign credits.

16.5. This wldc vorlety of objccrives, between which conllict ts inherent when key resources becorue acutely sen rce, has imposed " strain on lic•n,ln$, which h~s been relieved only matgiuaJly by recent procedunu :u,1jaitmeots und toluxuum..,.

17.J. While 1 have still to undertako industry-wise (as also individnnl State-wise and group-wise] tabulatlon of data, ancl thereby have the benefit of documentation for arriving H conclustons it is a well establlshed and admitted faet that, since the Fitsl Plan. shortlaJJ in invcstmem nnd ontpct hove been large and pcrsistem, mainly in baslc industries, notably, steel cement, lllllchi!>cry and fcrtili,scrs. Tb" gain!. in terms or balanced regional development "and wider ili>ttibulion or entrepreneurship are 11s seen in Pact 1,

18

nt be5t, moderate, l! not adverse. That licensing n6S sorverl tn chnnnellse investmen t appears to me extremely doubtlul.

17.2. With Oflkilll ctrcles, the folt(>wing arc bv now recoguiscd 09 defects in the Iieensing system : '

(11) Lkeni;ing is only among t'te flrst or L'lc mnny hurdles that have to be crossed by a pdvate enucpieneur. so that <a licence does not automatically provide» lt package sanctlon or clearnoce.

(b) The i~sue Of llcences tends to aive an e:ro$$er•.tod pictu,.,, nf induR- 1ri'11 cup wily which s<mlotimcs r.<:<t<<l owny genuine cntr"l'reneun who might be ~hr~noloi;kally late, at the same time us it encour­ ares foreclosure cf licensed capacity hy lnJluenliul gul\lps and sltting tis)lt on unimplemented licences.

(c) Llcences ~TC normally or, In most c;i•c•, lssued for a oa~ocit;y 10 to 25 per cent nbove the tm!;CL fnr the end-Plan ycnr and tl1:u, too, m\l~U)' around the bc~inning of a Pinn pcrio<I. An cxcts~ivc­ lhoueh qunndtntively unverifiablc-prc~~urc is tlm~ tmPQSCtl on the .. vnilable forei!'11 cxchnMQ and possi~# collnl)()rutors tl\td nl•o on domestic ~uppli.trs 1'hi• leads to ootllenc~k~ and delays, apart (rom adverselv nl!ectinl( the terms o! negotinlion with fo(oign ~nd 6c>mc•lic >ll~(>l1CI'$ Md creditors.

( d\ The proce« or considerati<in and re-conslderauon or applicHl<;m~ M various levels and nt various times cootrihu~s to clclays und hi~hcr co<M, withour Improving the !c.;°'ibHiry o( the prolects cnnccmcd.

(c1 There is v~ry little follow up o( liccn<injt eo 3CC thnt the apl)10vcd pmloctR £ru,,11ry i11 n sntl~fnctory phnsed ichoJulc. Fvt11 rl1r u11tlinritl~.• cmic•rnrtl ar• not f11/ly 11warr Qj tlrf tatnl tnvestmcn: ur,t) foreif{n <'"C<'IMnt~ ('()11rntll~t1/,t of lh.·(!11Ct,\' lt'fUt'd [ar tlr.OstJ 11ndtr lmplrmml/1/IM at any 11urtlc11lllr per/o4 of time.

Annlyst-1 ol 1)(-flcicnclc• 18.J. The nt.,,wc failure• nn<' dcflcicndei are not le« in111ort,nt because

thclv ere oh,•fous nnd admitted. 111.-0 were inherent In the 1iceo'1)1g sy$t•.m n< It w ·~ conceived (IJ)(J made ta tuncticin. They were bound 10 arlse brr'li<e the l'11111nlnr Ccvnmilslnn lnld no guidelines and there w11< no ott\ciul i 111i•tcnce or morket prc,.uro o"t cntropreneul!I 10 prepare through feasibility rcptlrl$.

t $,2 f.lccnsin~ has proceeded on ihe a<;umption that capacitv tar~et In< lndividua] lrtd11~trle5 are the only con&lant~ 'n chunAing economlc ~hua· tion. •No Wc111ot h11s 00.n made tn •ynchnmi>" or arlju>l the nacc of licens­ lno and NVoc.iti<'11 to the actual trctldl in cap~c'ty and output In relatieu to emcroinP demand. Tho lllannln~ Commission had ~-.vu, on its own, ~et ,..ut n li~t f'f orioritv indu"itri~/t"lroie.ct~ which ~hr-111t1 rrr.ti,10 D"~{cr1~nti'l.l n!location n-f fr1C'eii:rn e~chnngc """ other tt<' .. "ltce inputi;. '1("!t h!t11 it :.lt ~'r·' timr. oivrn rlenr ln~truc1ion( a.lY.n.i huw orccl$ely tbc vnriou' ronOictin~ ohicrtlve~ nf lken•ilW •~ould be r:eccnoiled cm :rn UitltL<tn'wise or pr"" l•ct-wi<> haqi1. There Im> nl">(l b.)ep no quantitntlve indication from tho

•1n " ~1'111, f'nh· thl" 1-rs:C"'' er a~~9-(lte jwo--;;::- coni::i!mJl-•i~ ond in\'C"l'.tnE'nf ~n t-.~ ot'!'l .. .idl•TPd 11<t rl"lJ''ivc:lv inv"rio.:n, T ~m~ 11ni.\1)1r tu 11p1·nvc-1 rn,. r_;of\CtitY or tJU1i1y :n cl'(!:aitlp ~rh C'Fl'tl!"<11wn1 tatr"'t r.u s om!i'\11u.1'1l:i(n•rh 1 T(adil~· ('nnttdt" 11'1' ii;;rcrr \Plrrfrd rnrgtts ~.,n,1ldf be lt?S1i "11rinblcr tbml l'fhtre.

19

.,.

Planning Commisslon to the executive mini<trics (or lir~nsing •uthoritios) of tbe effect of lags in the fu1Almtnt of various targets from time to rime 011 tl1e requlremenls of additional capacity or output in inter-lmked sectors nf .industry.

rs.3. At tho entrepreneurial end, the desire LO be m the head or Ute queue and to foreclose as much or tile 1 arget a~ posabte i< not matched by adequate home-work :md vetting of projects. 'I his reudonc;y has heen encouraged ~y the practice of issuing licences or """" rceenrly, l<tlcrs of intent, somewhat libcrolly in tho belier that the proposals would In any case be closely .:crutinl.od ut the COC and/or indigcnou~ clearance stage and, subsequently, by fmancial institlllion.~ in many cases. Delici~nr cntre­ prcneurlal homework wa~. perhopj, lnovitnblc to some extent so long as there was nn ovcrwhelmin:: dependence upon the for¢ign coliaboruror (u get project and give 1pccifications or equlp1nont, With the e~rnbli,hme11t of greater koow-how wlthin \h~ country and reliance 111inn c~btin11 rather thon new undertakin~'ll. tbi$ d1flicie11cy hi nii ltinzor excusable or incurable.

J 8.4. T would spell out the principal shortcomin~s o( lml"<lri11l planning ~nd licensing as follows :

(a) 'There have been 110 overan policy AUid~llncs 111 Ile in force and supplement the plan targcls whicl1 iudicat" I he copacily and output to 1:(1 achieved ot the encl of each five yenr period The l'J,1n11i11,g Con1misslon bo~ out indioatcJ 11Jc precise nreas to whicl1 Jnvi:.t­ mem pfon< '""' to be cncourHJlcd or dlsoDura~d nnd bow thi~ eueourugemcnr or discourngcrnedt ls 11) hr co rli~d out with rofcr~nce to ovollohle foreign exchnn9(.' nr\11 oth~r focrur; .,.,;th­ our hovln~ to 12et fnVolvod in tho s~rutiuy nl eneh lndiviclunl p(Opo1nl or 1iroJ=ct.

(b) Tn the ebsence or w~IJ ordered otiotl'ltie~ and lle~bllltv of inter· relnted pt0)1CGJ11"1e$ at voriouP levels or ocrformancc, I here hO• been 11 tendency to rely upon verlous nd ltr>r crherta. One of those has been the nollcv of licc·nsing projects, t.he (oreJgn c•chan&<' cam or which on capital ond/or maintenance eccount ere covered bv nvoiloblc credit• nnd/<>r lnroign tollnburatlon and/or export obli~nrion~. It can he ~nlCI In defence nt this poliov U1at titer. has been no resuttinq- distortion nf 11lonnin~ or indu;trinl cl~WIOp· ment becnuse the projects ~ npnrovcd are nearly, in ~11 ci .. es, includM In the etan. 11101 doe, not. however. answer the b, .• ic nrgunieot thAt 1hi• i6 reversal or inversion of what h irnrliod in planning. A pl\1lcct must 6r.t Of nil 'le inlrin,lcrulv fon1ible end occupy n hieh pince in the list or prloritie« before it can he cnnsideored ror the nlletment of scnrce resources. e.ci;ri,.ch'illv foreign e:crhan~e. Ju~t because • 11ml'ct i~ or can be made. amenable to availabilhv "I fort'ipn cxch~"I'• should nr>t qua1'fl· It for a11pmv•L

(e) To •Uemvting to cover alJno~t the whole rnnze of l>rr..< scale industrial development. licen>in-. inevitably lru;e-; si~ht ~f the r•ln­ tLvc Impormucc. of different! orolccts Mel/or w~~fucts. 111c JiccnsinJr authority and tllc de~rtm.:.nt:i whith ~crv.iCc.:.. Lt :ire lo~di.:d at auy one 1line with bundtc<ls or thousand, or orupv.als. withour cle!lr and defenite crifcri1 rn iJnnrnJse r11cir worth Tn term' r.f rc,·1~ live costs and IJtc nttninmcnt of targcl• in rekl~XI. pntlicularly basic. Uidustries/proiects.

20

The maintenance or Te-shufiling of three lists, rejection, merit and rela­ tively free, which pa~s~ under the euphemistic title of i.odustri~I licensing policy, has nothlng to do with Vl'lorilios or their fulfilment C1r actual frucLification of licenses, These lilts are based on the bistcrleal or contrived accident of the pace of previous licensmg in relation to end-plan tarp;ers.

(d} The basic icle~ qi • license was, and has to Ile, tbrtt it represents • sociul $nnctioo for drawin~ scarce resources from tbc national pool, Coe a project of s)gnllican~ size, To the exrem rh•t llcenses or l~lh:ts of Intent have not In tact been uJillscd hnpHcs 1h~L llcens­ ing has not performed thli; Iuncuon whatever the l,'roci;o reasons. Al the same time, those who have licenses, and scnou>ly intend to utilise them find that they are no more than (0~111111 passpor ts which bavc to ho shown to various authorities for ckarnocs In duo course; they d<1 not assure the lieensees of their n!quirementS in ~n far as )h~y arc LU C<1LllC from Gowrnl)lenr ln • Cornpre­ hcnsive packo,ge. A lar~ 9oatlng population ot liccuses i nevitab)y reduces the utility nf a licenie for placing indents upon scarce resources [or pdority projects.

I S.S. These dcficl~ncics arc so fundameutal rnnt they cannot be everccrnc by procedura! or ;1dmlni~trotivc chao.g.cs. They lndicnte tho need for better and more c1Tec1lve µlannlng by the Government nnd the entrepreneur, and recru:tlng or the scope and workit1J: of the Licensing meehnnlsm, rJ1c rrcommenclations made below arc made ug,1ln•l this bsckground.

Mure Etredl•~ l'htnning 19 I. I should cmphll>iSC thuL there cau be no i1nprovoment in t.he

l\ccnsing sy~tem unless there is a bnsic change la Ibo scope nl),d drnwlng ''" or Industelu! prowM1n1cs in ti\:: l'lanniu~ Comntlssion. The role of tho l'lnnnlog Olmmis$iOn ln 1his context ~hould not be confined 10 the lttyi11g down or eocl-1'1011 terpel• rind rcprcseotntion on the Licensin~ und C:.\<f)IUd cooos Co111mi11cc>.

I 9.2. 'J'bo lndustnal ~ro~1m11me~ 11f the l'ivc Ycnr Plaa must separate the j!rnln trom lhc chaff. Ono r11u<t know which targ~•· ore COlllflUlsiw 1111d have lo be fulfilled, as distinct from those which :Jl'C merely ind1catlvc :incl have no major bw•ct uoon Income ~enerntlon ur c1ucinl investment, Practic~I observation and the bles<illf.S of literacy have ruadc the elite fan1l­ li11r with the concept antl workinl! of lntcrdepcndance out only a planning bodv can «tnblish the preclxe locatlon and mnznitude OI ~uob intcrdcpen­ rlance where it exists or it~ insi~oi6cance where it docs not. The Planning <;ommJ;s\()11 has to spedfy ttic major priority ureas and suqs0-<t from time to lime the broad policies on taxutiun. <rcdlt. prices and allocntlon of foreign exchange required to fulfil the targets set for these areas.

19.3. The Plnnning Commlssicn already has projections made by it~ Pt:rsp¢~live Planning Division and the EccoomJc Oivlsivn. These pro­ jeuions were based on the a'5u111ption inter-alla of certain >(rowth rates :ind cstlmetes of fo .. eign nid These would new be revised in kcei,)in}? wil'i the changed ~ltU11tion and (resh estimates of awrregate scctora) and industry-wise requirements, rnnsislent with the over-all plan anad avail­ abnily of resources. would be derived. It is not IDL'rely worthwhil< but

-

,.

20.2. For 0101'0 than five vcars nnw, the policv of Government bas !ieco to allo .... the . ~rival~ $CCtor to import cap!tal goods only al!,ainst

'!'here arc .. i.t is true, slanlficam lags between allncMlnn, licensing a.ad actual payment, so tltar in U1e mcclun'c, of operation pre-emption is not "" clearcuc Qr e \sy as it sounds. Pr'c-cmptinrJ obviously, con ~f'l'ly only to nJrocntioR 1.Wd lic.ensiJtf, not payments ouce tho earlier sta,ctoS are gone through. l uud~• .,,tml\l lbat no insuperable difficulties are expected with the i11L11Kluctloh o,, pre-emption, tn spite of the prol)lenis thrown up by these lags.

Dtirlng Ute Third 1'1£n period t(lfnl CGC approvals (e~cludlne re­ leases by the •rcxtilo sub-committee from April, 1 q~~ ond by 1hc ad hoa commiuce) omountcd to RR, 6~R or<>r« while llccn•c• were i•sucd for R•. 396 ercres only (a buro Rs. 8 crores during 1965·66). Actunl pay­ mcou •t;•lnat the JJ""n~c• nrc 11ppnrcntly 11Qt J..nowu to anylx>dy. or tile tol<\I liceo~ is•oed. cu'h liccn•c• rt~ninst officlul cre.:llrs/tmde ngreemcnts atnounred to Rs. 227 crores nnd license' :i~uin~t lFC/ICTC1 sub-l01Jn• co Rs. 53 erores, makinR a t(ILllJ of Rs. 280 crores or 70 per cent of a~­ grepote liccn•ina. (Sec Tobie i4). This 70 per cent. 1ogctlier with small amm>nt< from other sources, 111 least, is 1'¢-"Sonably amendable to pre· emption. if the romnininiz 25 or 2? per ecol which eomes lcum direct foreign C!'cdlt•/hwcslrueuts und deferred payments 1$ nor, The brief industry.wise plcrure (Table 3fl) snows that, a Iew Industries account for a l11rg<> absorption-c-and most of these kw in turn have only • few unitll each Jt sbanld not be !JJJlicult. rherefnre. In r•rry out pre-cmptioo.

essential thnt these esttmaies, .in so Iar as they relate to priority aqd inter· dependent areas, should be worked OUt for vnrlous alternative level~ or realisable. or expected J.)Crformnnce. I

This cxercis" would onttble the Pllllllllng (;Qmru:•<lon lo mow in att­ n.nee Che tmplecatlong of VariOU• Jags and leads in diJ~rrcO( a.rtas and tJlcrcby lo suggest the correcuve aution that is necessary and/or to modif.)' the individual t11rget1. lmbatauces or distortions would, with the help of these exercises, be treated within the btntegy of the Plan ioscc~d of rcmnining external to it nnd creating further lmta llll!CeN and dl~tortlon~. Th: lndunrinl aggregations, which Ond expression in the Plan have to be conrlneously recenciled with dsvelcpmente at the level of individual firms or Acoups of Jnler-relt1tcd project, The tnrset• computed on • nacre­ cconomic basis, as in the No1es of the Pcr<peclivc Pln11ai11,g and Ille economic Divl>ions, have to be mndo conslstem with capacity and output projectlQn~ bt\'ICd t1po11 the Jl<:'l[Untlllnc~ ur lndlyldllfll projects,

20.t. Ra\inl{ indicated the prl1)ritieR :.nit ~~lN~lc~ n few basic induuries/ project~ which qualify for them, Oevernmem should undertake to pre· cmp1 lllr1Jisn <!l:Cltons~ und (where 11occw1ry) rupee resources, uud pn>· vide key pi)'!llcnl rescurccs llhc l)Qwcr, trart"J)OrJ O'od Jnnd for their bene­ Cit. Out ot Lht given 3Vllll~ble forclr.n excJ1anRc or whatever is in •i~u. ii ,bould be JXJS.<lhle to ~•ervc block 31Jocntlon.\ in favour or thcs~ in· duslries/projects. even if lhi~ mc~n~ l'Yh111<tin1t the entire ovalleble quan tum or rr:m~itlonH 1 l"<'klna up ()f forci(n eo~chnnao at the expense of other acetors of tho economy,

22.2. [m1cnd of inducing the llcensing authorities to consider eacb case on its mertts, the indnslctnl 1m1srnmmc~ ~huuld "J'l'(:ify iu advance the indumic<1 to wllich setting up ()f fre~h capacity or subsLinLial expanslon in outpu; from cirislLDR capncitv is amenable to regional nllocation. 'l'he iadustrics which are not nllocnblo on trounds of techno-eoonomle Ienslbility should bo developed rcga(dlcss of rcgiooal con•idorations and tho pr<>­ g_tua1mcl) must Sl\)' w.

22.3. Subj~cl ro consideroliogs of ecooMnle si>:e nnd foreign e:.ch:UIQC costs, re'.Yooal alloc:ntion~ of ccrpa.city and output, where fen~ib1e, can be indicated at 1ohc liei;innlne; of eai:h plan period for lhe 'alloc•blc' inJU>lti.,;. The ~!locations sboultl be reviewed every two yean: or so jn the light llf actw.1 i,le•efopmcnts.

%3 ct«lits. investments or similar facilities. (A rather sitlrilnr prin~iple is applied to the J?Ublic sector also but its demands are, on an average, much larger). As will be O~(ll'v¢(] from Table '.l4, a nominnl approvnl ol .Rs. 5 crores uud licenses worth R~. 3 crores, were given agniru;t tree 11> sources during ihe entire Third P:an period, (M11st ot this went 10 iron and steel). This policy has been ju~tified. to i~ considerable extent, by the extreme ~hortnge of foreign ~xch:in!)e. non-project credits new ac­ count for IWO·thirds to three-fourths o( fresh assistance, In any event, there Is no spccinl virtue in continuing to adhere stcadfostly to thh rule of allowing capital goods agnlnsr crediu/in•'Cstmont\ only. Increasing dome~1ic manufacture ·of m~chrncry and nvauatntuy of foreign excnangc for importing machinery components are helpil'\g us to improve our hnr­ gaining position in •h~ procurement ol capitol ~(Id< out of country-tied crcchts, bur th)~ proi:C'<• needs to be rclntorced by some Jnercese In lhc ullocation of rree ,.:xclmuge, lu U~Sttlute terms, tho amounts reqnlrcd

1 would be small. It would be wortbwhlle to allocate an udtlltlonJI Rs. S crores per year to sc)•clod projects. on condition that (i) sub-allocntio111 arc in lieu of three ''' fivu lime$ thr e~11lvnlrn1 in tlerl ~Jlocnllon And (Ii) no slnle G~pllcanc or hw;ine<s Aroups gets more than n spcciflccl a1T101mt. Thi~ cxpcrlmcnt is worth 11 trial,

21.J. Corrc•pondini;ly. the indu<Ltks or projects which nre 001 included • in the priority lists sbe>uld know 111 nn~mhiguoo& terms thnt (I) foreign

exchange blloca1h'n for them over n Mrloo 011 11ccouo1 nf hoth cnpitnl gOOil• and mnink•n~nro woold hp rilhrr 0111 "' 11 so1tcl.l c~iling or on merits rtftcr tbe needs of the priority <eotors b~vc been fulfllled nod (ii) their pn>~rc•s I~ ldr In tbe opct utlon n! 111<ukc1 £orc:c' nnd 1h,·y should Cl<pect li11le er oo :ml<:tancc trom Government,

21.2. For conslderauon <111 morlt•. the prlnclpal tnctor should he the extent to which the propCKnl~ snve f()rcign c'chon~e for the priority in­ duslrios/projc1·1• mth" 1l1nn vn('1Jely for lhe country as n whcle, The ~ther fnct<1rs wl1ich mcy be brt ir mind f11r c~n,idcrn1ion (ln mcritg •hould be (~1 oJoes the project 0111i1c hy·prod11c1• or lndu~lrinl wn~tc• nnd thord'Y contrtbures 10 value ndded on a scnle <li>!lfO!>Olli•'"'"~ly lorpo in rclotiou 10 rhe initlnl inve~tmcnc• and rt>) technical imtilutlons or luborntQrle< mav be ollnwed to import proto-tvpc plnnl• far promoUng subseqnem l~bci· cation without forciiQ coUnbor:l!ion nnd accordlng to J'ndino specificntions,

22.1. t 001~ icrnie ~ related objectives which ind1~~.ri"l rl•m1lng •\.ad lic1;.HtSing hnve to subserve, '

22.4. Tho Gnvornmont should also indicate in advance tho industries and/ot products which are to be either wlil)lly reserved for small units or in which a specified percentage of projecl~d output is to be reserved for small units over a •1x:cified period aud/01 in which laigo uni(s would not as a rule be permitted co ser up competitive plants. l'Jie~e lists can be reviewed every two years or so in the light of various, including technolo­ gicaJ developments

22.5. As a matter of policy, the Planning Commlsslon and Government should declare thni certain tradltlonal industrial nctlvltics shall be closed in future to the s11eclfiC(I ten or fifteen lorg~l buainess groups and thc;lr associates. This would imply thnt the lnrgc groups alrendy established lo these nctlvirtes shall not be permitted 10 expand in these areas, which would henceforth be reserved for s01~1! groups and indopcndcnL business· men. In die event of a change in the coverage of industrial llcenslng or i!JI practical abolition, tho;. lnrge group,; should not receive any capital goo~< clearance or u)Sistance. from flnurtcipl institution$ !or expansion within the trndl!i1>nnl lndusrrles. Tl shoutd also be stuted nt the snme lime that the lnrgc proups would be welcome in areas of new 1echnolo&y nnd where there are economic possibilities of largo exports.

23.1. EIT6rt.< on these lines would be $ren!ly nlded ii boiler and moee effective use is made of th~ technieal servicing cnpnciry of DOTD. At pre!cllt, One get$ rhc inl[)r~!$iOJl thAf 1hi< org:ini~ntlon is µ~e<l <~veral time< over (or ocrutlnisin~ o lorao nnmhor of amorphous propoi:nl9 through 1ho vorious •toge~ of their pro~rcss (or Jock of il).

23.2. The 'DGTD should publtsh n regular Bulletln itivinB information on the indigonou~ uvoiln\)llity, present and future, o( ooginccriog nod che­ mical products. and To>t llvu>~/lSl/nAlionnl labcrntory reporu on the qua111y. ere .• Qf relutively new products. Tlic Bulletin should also re· p.ul~rly oublish informntlon on the prices of domestic cnginccrin~ and chemicnt prodcctll. e~pcciolly lntermedlntes, und compare them w1U1 the landed cost or internulic.'lnul prlces or cornpnrnble pmllucts. together with the ini1>01'1 dutle~ levied on them.

23.3. J1 should also be posslhk fM l)(';'fl) 10 give positive advice by lndicatlog the areas ln which it would be ceoaomicnl to produce compon­ t:ul• ror varlous lndustrial goods, and tho minimum economic capacity. in­ vestrrem and foreign cxcbange required for 1hcir productlon. :11 aho the pos;il•illtv of mnnufacturmg these Item< with domestic collaboration.

Project Pr.par•tion '24. I. The licen•in~ system docs not pince adequate emphasis upon

entrepreneurial homework. ft favours chronologlcnl precedence instead or stressing the QtCparatioa Of thoruugh feadbility-ru1d project-r<por!,. Even ~t the C:C:C srnge. leave aside the letter of intent stage, there is no lirn\ basis for accepting the feasibilily (including il• import compcnant) of a project lo q11nlify ii for the allocation of tbc most scarce input, name­ ly, torelgu exchange.

24.2. It mlght be ~rftllcd that the expense and ~lJorl Involved in this preparatory work is worth while only i( a licence is nssured and there is reasonable assurance of other clearances. Tills argument reflcclx the CJ<· tent 10 which the liceusiJ\g system bas discouraged tile performance of in­ lri"'ically entrepreneurial functions and the length to whleh plan fulfilmen_l

24

•Thi~ rrinctrlr ~" ~1"1rnt'·i'1'hlc II..' tht. ~~bit<'(''lf roTe ·• 11• n1c1p~J !p~ J(l\(l] of b':lllding _p!t\m-·which inv.o(,·c m1Jcll l-:'IS lnve1tmettt

has been mode to depend upon a long, drawn out scrutiny of jnade'iuately prepared proposals.

M.'.\. It should be provided that any project with a total O~ecl invest­ mcnr of Rs. I crnre and ii bove or havlng a capltal goods import compon­ cot of Rs. 25 lakhs and ueove shnU be c0nsldered for approv~I by Govern­ ment only JI ii i~ supported by a thntou~I• !t-a~ihility renort, ccl'lffic<l by a recos.ni&\'d (pre!cr:tbly domest ,c) ronsu ltanr. •

24.4 These fr1dilill1v reporti: should be apprni1cd by .rd lioc com­ miuees, one ench for a gr(lup nf projects, eomisting of persons fmm DOTO. flnancinl insritutions, mini•tric• concerned and approved consul­ tancy Orms or tcchnlcul institution~.

24.~. This procedure wa.~ ensure that ev<1y prujcct or 1ea~on~ble size \\/hich makes a <.lruft upon nafion"I resources is i11trinslcnlly fcusible nml clljPblc for priority rating, and not iu>t wolllnit to [ump tho queue t>ocau~c it 1s arnendi;ble 10 uv~ilability of for:.ign credits or collnhol1ltiQn. A~ stated in Pnrt I, ptojcot$ with an lnvcstrueru al Rs. t crore """ above ncOO\Hll l'or more than LWO·thlrd• of tow! privuto lnvc~i1ncnt but their number each your would nut exceed uboot I SO. 'The scrutiny involved would, therefore. cover relntlvely few projects but the inajor p~rt of invt•tmunL 11,ls would be n fcnsibtc (lllu wortwhile exercise.

Ccn·crag~ or ticcnsio~ 2S.1. What h:ts been suggested ~hove 11111\1 h~ h necessary part ot the

drawing Uf' and rormuln!ion of lndqstrial programmes in the Plan. The JJOlj\,')' thnt is nd1')f)tcd 1'or m1idiA<:utlon or 11)0 11eopc nnll 1110<1hn11i•m of llccn•ln11 I~ u rcklll'll:ly secondary maucr, 1 liulJ l\1b view because m<1•t of tho defects nf liccMlng policy upp~ur IC> have arisen from plnnnin~ deficien­ cies thou1;h admlnistrative eomplicatlcus. too, have made their co111rlbu­ tlcn, The sugg,e~tioni made •below rm th~ <ncpa of tie(nsiol) are con~i!tent '!'ith the planning oppro:tch •us~csled earlier namely, thut If one puts Mldc. the public sector nv hei1111 outside th<' scope of lic0n•ios in fnct. tho problem is one of lnyinr. down po'iorilic> •nd sclt:ctin~ u rcw lop priority nrc;13 for ptannlng m depth, and lc~vlng 111e rest or Lile economy !() lou1' utter h>"ll within u fromc work or tndlcauvc target! noJ dnL,ticully restricted evalta­ hili1y nf rorcipn exchanae.

25.2. Re.cent chan!re< in lleensll\g policy fall under two broad heads. Some indu~lric• have been delicenscd on the gtound that they require liLtle or no Forc[i;n eJtd1,1ng~ on capitol and mnlntenunce account and/or thry hnve a l;.,ge export or awl<iulturul neowtb potential, thi• process of do1lc~nsin~ is cl<pcctci.l tu cuutiuuc, Ilcsides. in October 1966. Government revised the definition or 'substantial expansion· from 10 Lo 2S per cent of existing licensed capacitv and 11.nve Ireedom tn manu tacture new ~ rticles (t,e., lo tliver•ify), subject IQ a 'nn entrv' ~mall industrv I isl nf 71 oroclncl&. no additional cxpendltut• of foroiim e"cbanoe. in~t•llntinn if ony of nnly minor indigenous bitlqncio" equipment ond a dlvcrsification celling ~f 25 per cent of total produclioo.

25.3. These relaxations cnnrirm the view thnt lkensiM nod its aoclllarv s'Ulctions nre cqne<:rncd prinm1ily with coruc1v,1!inn nncl (Rome kind ()'f\

ZS

TI1cre i< n con<klernhlc ~dVl\nt~l!e in raising tbl! exempt limit Ior new nnderi.a~iuQs from R<. 25 Jakh• lo R~. 1 rrore. rnlher thrur R<. 50 fakh<. T>evnJuntion l').3~ rais1:"d tbtt ro;t of h11portrd CQUipmenl :lnd to ~Orne e~ent of domestic goods. too. The si7~ or projocl:!. lm..' h<'•n incren•in• <1nd will

allocation of foreign exchange, rather than with channllllsatiun ur iovesl­ menl which was the orglnal purpose of the Industries Act, True, a chan­ nelisation purpose is im?licd in the relaxations and lbat is lo the dlre~tiOll of indigenous proeuremeat of mschinery and m:it.:riols, and nw:.y from fotoip,tt i;oods. At tho same limo, ~,lic;,ru,ini: und Ireedom lo expand il,l1J diversity inlply thm, rogu1o•fon throug.h _the Industrles Act of me level nod pace o( investment Jn specified Indusmes, balancing of demand tor nno supply or imlivi(lu~l pronueu, locatlnn and sl1e of plnnts ls now h~lng Jett 10 1be marl.,eL mechanism, regulated hy fiseal and credit pulictes, in so far is there Is no direct fon>i1m exchange burden. The 11\>crnli<atlon of policy no expansion and dlversiflcatlen iq a move in the right direction, provided the prollmlnnry essennnls or Industrial plannln" rererred 10 earlier have been nrmly g11"1)CO. These would imply, in I,. l<t tbe selecnon of o few top priorilv areus for plannlny in depth. J'll'C•cmminn (11 rorcign exchange nnd cnmolcmonLary domestic resource- l'ur them, n svsternattc u<e of fiscal nnd credit policic$ to encourage pr dlscoumee inve<tmcnt/)'rodoclion where hold desirable n1t<l. a\xlvc all, eorulnued 1111d ~r()wln~ emphasis upon pub­ lic <c1:ior expanslon and returns on l11v~'un~111, \ifmcblnr ,,r prlorlues and relntlve 11r11ftt.1bllity. n• plnnnln~ 0\ljcclivcs nnd technloues with mar1to1 cri1eriu and tcs11, 1hould be the nlAir inHruments or lndustria) pl~1UJI~~ nnd pnlicv S"cinl channetlsatlon l"f investment canno: tw nchicvccl by reli~nco up(ln one inUru111~nt oJMo ht it indu<lri~l licen<inl" taxation, markot mechanism or anv ether. Flcments of oil these nnd other tecbni- r ques have lO be 115¢(! In concert.

26.1 Wltclher or not indumriaf 1lrc•n•lno i~ M1i~~d. It is clear tl'ut Oc:>ven11ne111 ht1~. in some w 1v ot oiher t•) ln(lk uf1er 1hc hull; ol nrlv.itr lnv~<u11en1 rrir it hll• n clo•e bl:;trlncr nn nntionnl ohjectlvei; nnd the resource ''Olition Thi1, lt $hould Ix: cmnhn•l'ICd d< not the same M re,l!lllatlnA the bulk nl Inve-tmen; Prtlll"•nl• The prinrip31 !:)ct which emerges fr.~m the ~t.1ti<1icnl on11IV1i1 in Part T i• thNI mn<t (If 1hc i1w0Rlmc11t h cnnc~Nrnt•li in n «'11ntivtt1V f('W J')mit>C'f"l. T11 '()f.l h11\~ \Qf.li, nnnli,·i!tinJ''ll [01 the mt1nuf1\Ct11ro of MW atliclo;i with M lnvo~tlpont in copi1al equif"l1~~t of le$s thnn :Ra. 2S llllcl1~ neeounted for 71 per <'onl of ~uch ooplicntion• but only 20 per cont of the proo "'·ti lnvcslment uudee lhl• hearl. fn the t:~$C of rril•rtollli<ll e.tpnmio11, slmlladv, nropo<~I~ ''' le<< than H<. :ZS l~k'1~ accounted ror (() i:>er c~nt nr nn1,1ica1io11< lm1 1inly 10 r>er cent or '""11 ln. vestment For ,,..,, 11ndPTtak1n"' clnrinr. lh~ <nm~ ncrln<I, If R~. I oror~ is n<lor>tcd as l11e divldina Ihle npplicatic-n< for lc.s th~o tba1 ninnunt WHt 78 l')er oent or lotnl anplicoli·•o~ but wuuld hnvc nhior\lcd onlv 3S per cc111 i1f Iota\ h1v,,_r1nc111.

26.2. Tai.Jn~ tlJC<~ diVidinr line1. n~rnoiv. n, 2S lakJ13 rt1r new article< and sub<lantinl c~pan•ion :inrl Rs. I crNe for new undcrta~iM•. propn••Js above •h~~t limit• would Jcav~ tbe iru!Lstrlnl policy aclminisl~~tlon with onlv 29 l'C' ccni n' ~pplic:atlqn< but U! much ~< 71 '"'' ccl'll of nro~cl invr<lment in c>ril~l oqnlnmcnt, •«nmino. lh~t Jho broad di<tril>ution pattern of 1964-Jun" 1 Qlj~ ocm~nue< to h<>Joi <:<'od Tl•o nnrnber of ""w untlc11>ilci11~ 10 he "ln<>kcd ofter" woitld b~ nhl'ut 12~-150 per y<•t. wi1irli i~ o rcosonabic numhcr fnr WOrth\\rhiJo fuUuv1-up in detail.

26

continue to increase and, one hopes, that their impcrt component would decline sigDUkaotly. Further more, kaeping the exempt limit at Rs. 50 Iakhs would Increase Lite coverage of, the number of applications from 22 per cent (at Rs. l crore) to 17 per cent, i,e. by more than two-thirds while I.he investment coverage would go up from 65 loer eent (as R,•. l crore) to ~6 per cent, CQvecagu of lW1>-Lhird.> oE inve;tmco1 is a ten sonobly sntilltactory proposition, beyond which the worlluad Ul terms oJ the number of proposals might not be commensurate will! the bunefits expected.

26.3. 1 recommend that, if licen,Jng is remined, U1e exempt lillllt for new u11dortn1Jngi; should be raiwd trom JU 25 lai<h~ t.n RS. I crore, that for substuutial uxpan<ioo should be 25 per cent of e~i,ung licensed cupa­ city or Rs. 4s Jruchs whichever h more, nod that l'or µow nrtiel•• •hould be Wied ar Rs. 2.S l•kh.~. In ine Cll'"l ol the tauer two, the rcluxutiou should nnt, involve ;,ay add1ti110al foreign exchange OulliO on capital and main­ tenancc account M entry into the small indu~try list but diere ~~ould be no restriction on Ille instuil:ition oi dome<;tic:illy produced clju1pmcr.l, QJIU 110 J.llilCClllUJ!C cclllng QI\ diveu>ficd pNduction within the toiul production.

27 .J. The ISSlJO of a Ilccnce must assure U1e cmrtprc11cur concerned qr ful1 asslstacce trom ()<)vcrunt~nt ln ~curing such muior iuputs as rorci191 exchnngo, rupee resources, power. transpon and land. The entrepreneur nm~t, In return, unccnukc to conuulssion th• project within an ~greed pcrloU of t nae. A• Ju r os po;11lblcf, such pac~.11;0 jiccncc~ sboukl be hsull(! ~Cter lnvlW.g •onlctlun& Ji~., tenders, Irom "'~•ch n. oolectioo e:ui be made \anu ti wa.iting Jl,t mamiamcd) on uie baMs ol the lowc~l (oreisn c;\chaog<> cost inclusive or ccltabcmrtcn ~crvlcang payments, if any, nnd mulntc11a1:1Ce imparts over u spqolficd period. - 27.2. Wllilc malcinit lhi\ sclecrkm, the Ucet1;ing authority must be quite oltlllr noou.t whether die 'P,!O]C'<:ts covered are to be set up :1L any COM or, witb rderc11ce I.Cl iniurnm inn11 I c()llt~ and U1u possibility of rcach.111g parlry with them in the foreseeable !ulur<: tuking, where necessqry, JJ11pnrt ifutics lnto account. This pr.O<:C5~ imptles thnt bc!oto a project rs linally selected and included in U10 priority list, ll would have bc~n cstublishod ~s ill.tdnsi· colly feMibtc.

27.3. The panles whl.;h Ml to 111<1ko adequate progress la the imple­ mcmadcn ot uceuses $h011ld b~ pcnnllsctl by ttamfi:rrlng ll>~lr llwns•$ to any nhemative 11g~ncy ror compteuon of Ille project and it! subsequem mrnngr.n1cn1. <'ompcnllfllion. if any. for lhis purpo~ should be paid on e fuir valuation, not subject to lilig.~tlon.

27 .4. There appears to be some evidence Lhnt a few lnfluential J,!fou.ps nuke a deliberate attempt to Cotodose I icensable capacity l')' p~tu 11g 10 multiple applicatlons [or the same product and also succeed in tokjpg out "'r~ial licome~. J u11d¢r~tond that quit~ often ihcrc is <:0nsidcuble dclny, Illa~ ls, it tbore is any pro&rcss, in the utilisatlon or soe<ll niulliplc llccn~cs­ cven after CGC npproval. As a rnle, not more than one licence nndjor COC cleamnce for a ~ingle product shuuhl be issued tu " single firm or business gioup.

28.1. Appllcun1s .t:.auld nut be (C<Juitcd to ..ock approval n[ " chnng< of locatio.o within the State specified originally or, from one St.~te to another in case the industry falls outside the list of industries f()r wruolt ~

27

30.2. Seep< should nlso ho 1nh1> 10 revoke G'GC upprovnls/UuchScs iJ the nppllcnnts frtll to make :idequotc rapid progress to utilise them. Data ure not uvnllnble on the extent of u nuWised COC approval¥ und llceoses due Lu causes other tliall llio normal lqg In shlpmcnts bill one. suspects that uus uon-utlllsatton i~ aQl n~giblc. ...,

31,1. So for us iudust.ric~/proj<lcts which arc not included in the J)1iocity lists Or which are not covered by licensing are, concerned, broad indicative target< should continua 10 be luid down by the Planning Commission, more fo( information than Government Iuvolvemeut. The Iears that U1is so­ called wl~Jrntion would lead to a distortion of the pattern of Investment, misallocatioa al resources nnd excessive pressure on available foreign ex­ change. are, In my opinicin, hiphly eirocg~rat~d. Tho bulk of. industrial investment and allocatlnn or Iorcign exchange would be in the public sector and the prlority/licen~d area ol the privote sector, both of which would be: within the ambit of planning. In depth. If nny nltc;af1oca1'00 of resources threatens to take place, it can be squeezed back into the desirc(I shape by fiscal and credit measures and denial of foreign exchange, It

regional angle Jt;:n, boon accepted. Tho clearance at proposals . by State Governments should be ro>tru;i.;,(l to the availability of power and faud only. AS•uring or arrangins the supply of raw material and waler is nnd should be the concern of the entrepreneur.

28.2. r see po benefn o~ ndvuntage m getting the opinion of various departments, Mtui!.uic• l)nd the Company LJiv. Honrd on jndivJdul)J pro­ jects, SO Jong a; the projects conform II) ti)¢ ~Utctiu l)( cleauuice set UU\ in advance by these dcparrmcnrs, etc. and Che project! ore cleared by DGTD alter n tbot'.l'.)Uglt tcchno-ccononuc <1ppru1>11l.

29.J. A; of January !9(14 (Ior which Lite lutes1 d!lln arc available), 751 applications for ford;,'1t exchange equivalent to Rs. 23J crores (pre­ devalcarlon) wore ~nding with CGC for more than one year. Apl;'lito-

1ions received in J <,161 and earlier, t r., pend ''8' Cur ruore tJl1u\ two ycr1ra, wore 182 and these indented foreign ~xch«ns~ of R;. l73 crores, c;if these, 35 applicutions for Rs. 63 crores were from large nnd medium S~d groups. (Table 33).

29.2. There is no ju•tlllcn!ion r;ir allowing cases 10 remain before CGC for more tb>tn tW" y"ar.> IC•C, by men, much al the perspective changes nltogether. 'Ihe proposals made earlier should obvim~ most' of the reasons for !hi$ deluy in M> /Jr as the priorlly ureas 111id innjnr l"<'it'<ts ore oo.n­ ccrned, Pqr the ""'" •n•I projucts left uuccvcrcd by these proposals, It should be provided rnnt, w Iuturc, 1in npplica1ion to COC woulJ be deemed to nave lapsed nuw111nti<.;111ty If it Is not approved wllhln two years. Since CGC clo~nincu unlike an lndusll'ial uccnses, is purely adminlslra­ tive, uiere should be no diJlicully in enf.Orcini: this rule,

30.1. H would be Wl)tthwblle to revoke all unimplemented licenses issued before December, 11, lll64, if necessary, by amending lho defini­ tion of 'ctl'""tivo step~• under lhe Ruld• o( tho r11duslrics Dcvefo1,ment and Rcgulatio11 Act. 'Unimplemented' fo1 11th ~u1pus1> shuutd mean !allure to upV,ly to C.G. Conunlnce or Lo secure ic~ cten1 nnce i.ince t'nel·Ooccrnbcr­ l964 t1ntl/or steps to rniso 5 l per cent Of the ~hurc capital required. This would gtve intlll!l(ri;il pro1\l'~mmcs a roosonohly clear slate to begln with . •

'

- •

should also be emphasised tha,t the production of luxury goods would be effectively limited by the small size of the market for them.

31.2. In the context of the above scheme rt would be neither neces­ sary nor logical to retain the present distinction between th¢ free, merit and banned lists for licensing. These are based essentially on the historical Qr contrived accident of the pace of past licensing and have Ilttlc lo do with the realities oF Cl)e situation at ooy pnrtlcular rime. ff investments in cer­ tain directions are to be discouraged, there are other and more e!Iective w:iyB of dolng so. Licensing by itself, one suspects lr~m past experience, is not nn economical or very effective in~ui1men1 for discouraging wbal may be considered from the plannlng view point as the wrong kind of Investments .

r

Smnmary ol Rcconuncndnllolls

I. The Planning Commission shouJll nm confine itse.lf to the laying down of end-Plan targets but should also iudrcate which rargets are compulsive and which ••~ merely indicative. 1t should sJJ<:dfy Lile major priority areas and iuggcst from time lo ume the broatl policies on eaxauon, credit, price~ nnd ullocatioa or tureign exc1'.anse required to fulfil the targc~ set for theso ureas. IPt1m 19.'1; llJ.2).

2. i;:Hiru<ttes for priorlly and Intcr-depeudanr areas should bo worked out for vuriOu• 1~ternathe lcwh or ron1i"'ililo or expected perfor- 1t11tncc.. 'Ihe industrlal o.g~1~!&111k>ns whlcb find expresslou in tho P),ln have to be ecnnnuuusly rccMcilod wuh dovclopmcnrs at the level O~ lndiv1duul 1]1111> VJ' wuups o! UJICT·fCIUM:I J)tOjoCtS. (Pnra 19 .3)

\ 3. J lnYing iJld1cntcd the priotiuo$ .u1J selected a few liu:.iu imlu>lricv

project.s wntcb quall!y tor them, Government should undcrt~kc 10 pr ... empl roreii:n nchungc nnd (wbcre ne~~~~ryJ rupee resources, and provide key phvsicnl resources like power, tran•p<>rt nnd 1Mr1 for thdr beneflr. (Para io.1)

4. ft is wonhwhil~ 10 •xpcrlmcnt with ~ •llehtly l~reor nllnrnrion ot tree foreign exeh,1nge fc•r Impon of copitul soo<ll ln the priority aren, (Parn 20.2)

~. ·r11e non-1,rk>ri1y areas ~hould look ~!ter ltSctr, within a ceiling or residue of ovoihhlc foreign excbnngc, Con>ldcratlo11 or its (Iced• on rncrlts should be on Ll1e b<t~is or ~~10.U r11clufs. (Paru 2l. I, 21.2)

6 • .R.oglonal <tlloc:ttions, •mull imlu~try rct.orYmions and policies regard· ing c9'11-:enlrali<l11 of economic power ~hould bi: built into Ibo indus­ trlui plan amt programmes, and 1101 ~l'l ti) be de1en11mC<J on an ad /10c basis. (l.',l(:t 22).

, 7. Better :ind more nrrecuve use ~l1oulu be m:a<lo u( the lechni.c:d servic- in~ oap4clly of UGTD (Pura 23).

8. Any project witll a total fu~d investmem ot K~. l erore and above or having a capital t,ood.~ import ccrnponeut of Rs. 25 lakhs and above should be considered for apprnvn! hy Government only if' it i• supported by n \horougb fcaslbilil~ report, ~crillicd by a recognised (preferably domestic) consultant. (l'ara 24.3)

9. As compared wtth industrlal planning, modlflcetlon o_t the scope nod mechnnluu of lie<;n~ing is a relatively secoudary matter. (Para 25,l)

10. Matching or priorities nod relative profitabilicy, ()r pl·ilDning obiectivee nod techniques with nrnrkct criteria and tests, should be the main instruments uf Industrial planning and policy, Social cbunn.ilisation ol investment cannot 1>~ achieved by reliance upon one instrument

~o

PART U1

5 Indu•tt"Y-8.

.'.!!

alone, be it ilidustrlal licensing. taxation. market .mechanism or nny other (Para 25.3)

11. If licensing is retained; l,he exempt limit for new undertakings should be raised from Rs. 25 lakhs 10 Rs. l crorc, that Ior substantial ex­ pansion should be 25 per cent of existiog licensed capaeity or Rs. 25 Iakbs whichever ll! more. and tbal for new articles should be fixed ae Rs. 25 lakhs, the latter two subject to specified conditinnc. (Pora u.~ , .

J 2. Tbe entrepreneur must, in return for a pacltage lieence, undertake to CX'mmis~ion the project within an agreed period of lime. Licensees may be selected where possible after inviting somethlng like tenders, and after npprnising the costs as compared with inrernauenat costs. £'nrdcs which Ct\ll to make progress in imptcmcnmtion of licences

should be penallsed by translc.,-iug their licenses to any alternatlve agency tor completion or the project and its management. (Para 27.f, 27.2, 27.3)

I J. As n rule, not more than one licence and/or CGC clearance for a sin!llc project should be lss11od to n Ainefe firm or bnslnM• group. (Paro 27 .4)

14. It i~ rossible lo rationalise lhr rrnr.tSI nr ~l~ArllJ'lt't'·Of nppllcotionl by vnrion, nffidnl agencies. (P?r:I 28. l, 28,2).

I 5. An apflicatlcm 10 COC should ~ deemed to have lapsed ni11nm~11l­ cnlly i it is nor nppecved within 2 years. (Pora 29.2)

16. All uelmptememed licences i~sucd before De<:e111bcr 31, 1964 should he revoked. ~repq qhould also be taken to revoke unln\plemeotcd COC npprovuls/bcco>CH if the applleams foil to make odoquote l'tlpid progress. (Paro 30.l, 30,2)

17. lt would be neither necessary nor logical to retain the present dis.­ tinction between the Cree. merit nnd banned lisU for liccnsi.og (:Para 31.2)

-

'

r

1. Si>:C Distribution of Appllcatlons 1959. 2. Type Dls1r£bullon of Applications 1959. 3. Size·c11m-Typ~ Distribution of Application, 1959. 4. Regioool Distribution of.Aeplications 1959. !'. Group Distribution of Ar>plitn!ions 1959. G. Size r>i•rribmlon o! Applications I !)60. ?. Type Distrlbutlon of Applic"lioo• 1%0. 8. Slze-rum·f'ypc Di~lribution of Applicnrions 1960 9. Regional Datribution "( Appliclllions 196().

JO. Group Dlvrribntlon o( Applications 1!)60. 11. Size Di1L1ibuUou <>f AppJicntions 1964. 12. Typ..: Clls1ribut111n of Aprllca1inn1 1964. H. !;J7,•.rnm-1'~po Di•trlbwinn or AppliC>lCic.m• 1964. 14. 'Rcglooal lllstrJbulion of A1i11lico1ion~ 1!>64. 1 ~. Orour Distribution of Applications 196+. 16. SJ~o Obrrlburlon ot Applications 1915$. 17. Type l)iMribution of ApplionUons 1965, J ~. Sizc·r::1111-1'ypc D1•rrlb11tio11 or Applica11on~ 196;'1. 19. Rcl)Jo1111I ni.t•ibuti1m of A1}plic:1Llons 1%.5. 20. CJruup Di•trlbul!Qn of AppJlc4tiom 1965.

21. Sit¢ Db1rih111irm of Application8 Jo11-Juoc 1966. 22. 1)')': Disttiuutiun 11r Appllcatlon~ Jan -June l 966 . .1.3. Si1,c.,,1m•Type Qi,1rih11rlon of Applioatiou~ Jnn-Jun; 19<iG. 24. Rc!tlonal Dl•tril>utlon of Applica.tJons Jun -June 1966. 25. Group DistribuciOn nr Applfontion• Jou -Junc 1966. 26. Site D1'C1iuucivn ~1t Appllcmlons (Summary) 1964-Junc 1966. 27. Type i)istrihutioa or Appllcallon;; (Summery) 1964--June 1966. 28. Slzc-cw11-Typc Disrributlon of i\ppllcutlons (Summary) 1964-Jnnc

1966. 2!), Reglnnnl Distributlon of Applicotio111 (Summat}• I !!164--Ju110 1966 30. Group Dis1rlbution of Aj)plica,Uoos (Summary) 19M-Junc 1966. 31. Bhla Applicatiooi for 'Iudustrlal liconees 1957-Junc 1966

(Summary). 32. Dida Appltcations for Indu,•trial Licences 1957-June 1966. 33. Industrial Licence~ Not Oovered by Foreign £:\'.change Clearance as

on January l, 1964. 34. C<JC Releases in Third Plan by Source,

32

TABLES

35. CGC Releases in Third Plan by Years, 36. COC Releases April 1961-Se]mmber 1966 by Industry.

STATEMENTS /\. Select t.i~t of Bida Applications for Industrial Licences by

products. B. List of Birla Apphcailons for Licenccsjt.etters of intent

Approved by Licensing Cemmluce but not bef.oro CGC through September 1966.

C. U,t of Rirln, Licences not covered by Foreign Rxchange Alloca­ tion us on Janunry 1, l964 ..

3S

TA.in.¥ f-Srm ~IRJJAilJONOP Al!l'I.le&no.."'3 1959

(Am- O.Ri. m:m)

Tctaf ln'\'l:Slm!Dt Investment dara no: nvailablc. Upto O·lO- O•!S- 0·50- J•OO- 5·00- JO•OO Toul No.,.

o· to 0•24 0 49 0·99 4·99 9~ above

1. No. of applicatfunJ 65s ns rn8 31 OS 3 J 10()( SC!. % (6o·o) (20·6) ~9) (>·8} (5·•) ts-» (0-2) (ree-o)

z. Total ln<cstmcn1 (7~ {10~~ (10·~ 21 165 . 3~ 11 324

% (6·)) (So·9) 1,.10•7 (3·4) (100·0)

(a) Import cornponeer 17 23 2; lj :1 17 6 :14 'I. (8·4) (9·4) (H·o) (T4) (;1-7) (3·3) (3·o) (100·0)

(b) IndigeOOU$ c<>mi>O""nt • (6·13

10 9 6 S4 rB s 109 r;. % Cs·•> :s·6) (s-4) (so· r) (10•0) (4·6) (100·0)

'

TA~ 2.-TYP~ Otsnr11.1;:1cS..OP AJ>£UC\TlC'?-.'t° 19S9

VI_. ;,, Rs. c..,,.,.> ···---

"""'°'"' Rej<aed or Deff<red Trul

Invest- No. Teti! import llm$t- No. T11al Jmporl CnVC$.1- No. Total Jm,po-_rt ment ln\'.est• O>mpo- m<nt Invest- Compo- Tn<llt Ievese- Cam.Po- dalll IDCIU ... , d:n mcnt ncru dara mem eeee. 1101 eee not

•nil· avail- ""·ail- I . oble ai,i. able No. No. No.

1. ~ew Ar;ick no (I·~

7 s SS 46 6 (4·1~

t78 10~ 13 ro % (4· 1) (4·~; (11·6) (r9) (9·7 (4·0) (3·7)

2.. Subs-tantia.l Bxparuion Hl (3$~

SI 35 49 (29~~ (zo-~~

24 16<> 350 84 5'> .... %. (3i·6) (.H·o) (21·6) (34·8) (70·•) (27·~) "'

3. New Ulldcrtakiog 90 38o ~ (61·~~

84 ~36 U4 b 174 Go6 22j 145 % . Cs!·)) (64·3) (s9·4) (76·0) (74•3) css· s> (25·8; (6S·s)

TOTAL 3n 694 161 10) 191 3lJ7 163 lll 5)2. 109r ;24 ZT~ ., (u:o·o) (100·0) (100·0)" :100·0) (100·0) (100·0) (100·0) (100·0) (100·0 10

'

• r

TASLS J-5.m..a.t:.1-Trr1 OrsntmtTWN OY APrJ.tCATIDN t9S9

(~inRs.~om)

To~ Jn.-<stm<nt Totol UP(o 0-1~ 0-2;- o·so- r·oo- s·oo- 10·00 I• L> 0·.24 O·..f9 0·99 ~·99 9•99 & abeve

la Ne'W Article: N> .. 72 19 9 3 2 ws To1olln'"!== 2 3 3 2 3 13

2. SulJot..itial E.'<!>Ul3ion : NJ .. •s• 6o 31 8 z5 380 ...

"' Tot'.al InwstnlClU 9 9 10 s S' •4 3• N•" u""•"'<:ikins :

No:. ]31 146 ~s 20 40 3 I 6o6 Total fnmtment 14 2I er 14 ll[ 3S I1 227

Tow

}:lo. 6SS •·•s Io8 31 68 3 1 109: Total Tnv!s~.nc ~s 33 3:4 21 l6j 35 11 324

• TAUL!t 4-REGJOKU. Dl31&13Uil0...""} Ol' APJ"UCAJ'JON r959

(A......,, U. Rs. <r.>ru)

Acce;>tcd R.;.a.d •r Ddttttd Tbtal

No. Total Iropor: l\"<>. T«-' Import Im?c;,t- No. ToLal 1mporl . Invest- C<>mpo. IA•<>'- Compo- ment lnva'.st- eompo-

mdll ncrtt me-nt eeer dotaDOt m"'1t JlCDt aval!Abk

1. W.:stB~ IS> )<> 17 Sz Z9 l9 Jll 234 s& 36 ,,. (21·9) (d·9) (r7•7) (<?0·7) (17·5) (r,·I) (n·4j (17•9) (r6·8}

2. "~"''htr:t 26J 11 :;S ·119 34 .s 18~ 38z 78 s• ·% (37·9~ (27· 1) (26·6) • (lo•o) (21·1) (i.5·6} (35· I) (14' I) (•6·0)

3. llib; . u. 9 6 8 3 2 Ir 20 u a .... ..., % (r-7) (s·7) (6· •) (2·0) (z·o) C•·o) (1·8) C3'9) (4·0)

4· M.adms s• 13 8 ee rs 9 36 76 28 17

% a- •) (R·o) (6·6) (s·o} {9·0) (8·r) (ro) (S·s) (7'91

5. Otbir~ 21[ 6S 4S 168 s. s• 169 379 14~ 91

% • {30•4} (<0·8) (43•0) ~··3) (..<o•4) (41·s) (34·7) (45·~ (45·3)

Total. 69'1 >61 r~ 397 r63 110 SU ""' 324 21~

% (IOC>•o) (100·0) (100·0) (100·0) (100·0) (100·0) (100·0) (roo·o) (100·0)

TAllUI s-GllOllP ~(jp A~ •?51 (Aw.omrs;,. R.. aorn}

l 2 3 4 j 6 7 ~ 9 Sub· f'rivJtc Tollll toal -ut l..a<s• ~-- & ofl-8 Medium

Groups . . (I107)

roouapphcd invatme:i.c data not awlbtblt 5 27 2 10 H 17 40 l09 393 502 10 Sl2- No., "° s<i 31 30 6S 75 797 '>74 17 I<>91 % (I·8) (s·2) <•·9) (;a 7) (6·1) (7· 1) (74·2) (IOL·o) Totsl Investmem 3 :JI . 3) •8 'S 21 191 131~ a 323 % (r·1) (8·9) (1C·4) (s·7j (4•9) (6·5) (6>· 5)(100·0. Tmport C..amPnnffir a 23 17 13 Jo l) U9 :07 6 2'3 % (0-9) (n·1) (8·2) (6·2) (4-9) ,,.,.) (62·5) (100·0) ...

00 Total oa:eptcd : ln<<S1m<lll cLtta

nouvawok ll!o. • I3 2 6 5 •s •7 72 239 3J! IO 3H No. JS ;µ 13 " 48 61 ~91 682 ,,. "94 % (2·2) C.-1) \1·9) (3·3) \j•O) (8·') (72.·0) (IOO•O) ~-Investment 2 ~6 .. 9 JJ "' l!2 154 1 161 % cr·s> <"•·s> (9·0) (6•0) <1·•> (Jz·B) (S>· I) (100· 0)

lmp<trt COCl\l'"'"'" . • 11 6 4 6 13 53 9ll 5 103 % (I·7) (r4·1} (6-s) (4-5) (6·2) (13·•) ($3·9) (ree-o) --~- - Group Code : 1. Tam. 2. Birla. 3, Mllrtin 811:11. 4. o..gur Somani, llinl H~:cr. A.-..!ttw Yelc, Dalmia. SalrJjain, A. C. C. 5. Th>111r, Goenb,J. K. 8"furi>-Jolan,$ri Ram, lod>copo-Mackay. 6. WalCband? Mafat.lal, Rastmlihai~ Sesh&sly« ~tahilldr.L ~,. lU.t:-lani~ S:a:rlbhai, Simpson. 1 fotcrnatiOoal cambines. 8. Olhcr. 9- °"'""""""' & Co-opei.tiveo.

'

I. No. of ~lkarlons ~93 <•s~ 190 11, u4 rs . u~ S39 ~·s) C1s·•> (9·3) (9•o) (l·[) (o· 4J (100·0

2. Tot111 tavesunent . .. .f8 63 78 236 90 roo 637

% (3·3) (7·0) (9·9) (u·3) (37 ·1) (14 • •) (15·7) (roo-c)

ta) Imponcomponcnt 17 Jp Sl (12·~f

2'!4 74 69 s•1 % (3->) (7·6} (9·9) (39· S) (1:4· 3) (13·3) (100•0) w

"' '>) Tndigeruia. compoaellt 4 8 t2 JS S& 16 3i. rt9

% (3·4) (6·7} (•0· 1) (u-6) <•1· 1) (13·4) (26· I) (100·0)

TCCa1 ln-cn• Total Invt'.lt- ment UplOo·to 0·10-1·24 o·~s.0·49 o·so-o·99 1·00-.4·99 s·00'-9·991<:1·00& dat•

abO\'C. not. avail­ able-No.

TABtE7-Tn11 01rnummoi.: w ~ ,~ ~ ia JU-. t:rarn).

t\pP"=d ~or-nm Total

Type rnv .. ,_ N<t- Total lmJ)Orl lm-i'Sl No. ThniJ Jmpert lnv~t- No. T01•l Import menr Inwst- - mom In....-- - W~l invest- eompo- dat> men: llCllt Cm D!en.t """ d ... ment "'"' nor ""' »ee QV>il- IMil- •'11il- able abk able No. No. • No.

r, New t\rtic;le 30 65 3l cs-:f · 3• 59 r] '4 or 734 s~ • 47 % (g·~) (9·s> (11·•> (9·1!} (t· 1) {ro·6) (9•J) ,9·1) .a. SubsumtiaL£xpa.,;on 92 219 UI 88 91 135 11 66 183 3'1 '~5 154 ~

% (33·;) (36·8) 0.·2) {u·3) (24·0) (2s·1) (,g., (30:6; {29•8) 3. ::-;..,. Uad<rnldng •3$ 31" L76 '47 160 402 (67'!'.5 J7C 295 172 394 316 % C,6·0 (s3·7) 06·9) (67·3) (~·;) (61· 3) (6<>·3) (61·1) 4. Tora! 257 6~ ,_... •58 ,g, 606 309 259 539 t26o (;37 517 % (too·o (t,.,.o) (100-0) (IOO•O) (100·0) (100-0) (xoo·o) (•<»·o)_ (rco-o) -----

'I)w UpWO·iO 0"10-0""24 0•25-0•49 O•So"(l•9!1 1-~ ... -99 j•o;>-:9·~ TCl•OO f(lbo\'C Total

r, l<cwar.icle No. 6'] 3 IS 1 li> I T '~1 Total £~\·cs~ 3 5 s s •3 5 u

• 2. Subslllllticl ~:.ion No. 167 Bs 42 •8 2• ? J 354 T°'a'I tZ:\'Q~ 64 n 141 .eo 4• >7 45 19;

3, ?:-l.cw Uoderu:ikinp No. l&j >OS 133 11<> 8> 5 J 77' Total ln\"~bncDt' J2 p 45 53 l72 :1~ 43 38.1

.. rot:1l . No. 498 µ3 190 u; 114 is 5 T~60 Tou!Jn~cs=<nt .. 48 63 .,s :>36 90 100 631

@ l!xclud1"~ •Pl'fi«ri- foi which "'-""''" - are - av..~i.. -I>- .....

.. ,

j •

1· West 8c1lglll 133 6o 47 :i3 67 52 246 126 99 9r ,. (20·3) (13·2} (rs· 1) <•r6) (21·7) (20·0) (1~·5) (19·8) (19"1)

a. Maha,.,,h tra 2"' 63 S" 06T (Jo·~~

SI 372 158 •33 UQ % (51-3) (19"3} (20-2) (2'·6) (31-•) (29·5) (!4 8) (ZS()

3. Biluc "" ll 9 10 6 5 30 18 14 6 .... % (3· 1) (3·7) (3·5) (1-7) (1•9) (r·S) (2·4) (i•S) (2•7) "' 4. Madras 51 2[ 17 (8~

16 13 '><> 38 30 ?5 % (7·6) (6·4) (6·6) (5·2) (j·c) (1·•i (S·9) Cs·7}' $. Olhers 245 172 •133 277 us 109 522 297 242 24; % C3TS) ~·4) (s.4·6) (4l·6; (.P·s) (42'0) <•<·s) (46·7) • £46•8)

TOTAL (1.:.~

328 zj8 6o6 309 •s9 tz60 63~ s•~ 539 % (100-0) (100·0) (t:>O·O) (100•0) (100·0} (100·0} (ree-o (100•0

Apj)r;0'.-..1 Rcjtabi or ddcm?d Toml Invest-

State No. Total lntpon ~o. Tut>! lmpon No. Tow h»porr ment 1-- -- }nVC!l•

.. _ Inveu- ecmpo- dat:-. "°' m..,. ..... , mcllt _, m=t .acnr avaiJo.blc

No.

,......,. !}-~ blSTIZJISi:noN Cl' MPLlcArtOO<S I~O {A~ Ur Rs. <TONS)

z. Total l\pplO\i:d lavc~cmtfit data not available No. 2 17 N" 9 9 s 6 ~ J88 236 17 ZS)

(•) No. 6 So 3 (J·~

17 24 so 113 458· 6J[ 23 654 •I (1·0) (7·9) (o·s) (2-7) (3·8) ''"9} (21·4l (w6l (roo-o) ,.

(b) To"'1 Investment JO p. " (3'~ 9 7 35 LU 1~ 291_ )7 328

. % (3·4) (:4·7) (0·7) (3•J) (z·4} (u•o) (49·4) (50· (100•0)

(tj JmJ'Ot!Co:n~aen1. ' 47 2 8 9 6 ~ Jot "6) >:>q 10 2sS (3·5) (20-}) (0·9) (3-~) (3·9) (2·S) (10·5) (4s·<) (s&· (100·0)

Groop Codt. : Sec undq Table ~

{a) No.

(Amtmits in . .!ts. Crqt~)

u .. nd TOl:ol

Sub Tot>! 1ora: Private

l;iJttc &. I lO 8 .m;db.n\ ~pi r ec 7

2 l i 8 9 lO J1 ,. tJ

4 $> " ][ 25 LI 16 J<>> 4:0 szo 19 539

9 10'] 3· 29 43 4S (5-~r 3<9 )>11 1::3C> 30 n60

(0·7) (6 7) (o-l) {2•4) <:rs) (3·7) (zs· 1) (74"9) (!00·0) .. ,,., 2 19 ~ 26 '46 259 340 599 38 637 ~

(2-0) (n·<>) (0·3) (3·2) {4·8) (4·3} (r-6) (43·2) (55-8) (•oc·c)

9 93 2 (6 25 2') )> ''T7 .>.&9 48; 3T $11 (1·8) (1sro; (0·9) (r1' (j•J} (4·1) (6'~) (10·6) (59·4) (roo-o)

(b) Tohll !nv<olment %

l f •

' f

2. l\1tal ln~tm~ ·14

{II) Impcn """"""',. %

(b) ~ COUlf'CDl:nl %

r. No. oC !\l'Pllc:it•olll %

211 •99 ·~7 51'1 ~6 ·~ 2 797 159 (1S·s) (34·9 (13 S) (tt· 1) {10·9) (z.·O) (0·>) (100·0)

JO 3) 6l ,, 1(,6 J·C6 z6 46~ {1· 1) (;· ,, (1;·11 {12·:) ()5·•) (u•i) (5·8) (100·0

7 ,, ii 4S 97 73 ,, ]01 (2 31 {1· 1) (:3·6, t•s·o) :µ·3J (2.J•4l Cs·.;) (JOO·OJ

3 JI ::0 •S 09 33 10 1/3 (1·S) ~6·S) (12·3) (ll·S) C-J'O} (:o·>I (6·1) (1Ql·O~

-- -- -- ---- ------

(A...,.u in Rs. Cr..-v1 ----- -Trul

t,..pc-J o· 10 o· re-e .J4 e- :5'<)· &9 -o·~9'J 1 •(lO.,. ·99 s·oo...,~99 1c·c:o-and ahm~c Invest- stdlt

daa OOl r.lViliJtble

No.

·r.\BL& tt·S..U: Dt.sr.tl8UTkl'S OP ,\.nl.JG\no.-xs 1964,. T.;>1\£,. ltr\Yl.:-7.-.rsr•

t • Ne" Arrtelt 76 J!l ~s z9 20~ 81 28 ,, 27S ~l 76 -16 ')) (38·6} (J.I· I) \r5-1) (14·.s~ ~j·') (3.,·3) (19 .. 2~ (t6· ;) (;&-6), {3.t·o) {16·4) (•;· 3)

~. S11h_3U1nt:ol Esp.l.ruion 85 :>S 6t lO 116 25 u R 171 16[ (15-'si (r6·~~ <y, (H'•J (21·3:) ~·~·9) (20- •i {:s·:;) (()'6) (8·2) (7·g) (n.·5) (20·2)

3. New Und:rtai<i=>!ll ~

J6 u5 ,..~ 1µ 21~ "f 106 78 310 365 316 ro6 "' % :1$·J) (.11'9) (6S·o) {65·4) {48·! 1s.1· j :10-6) ~1s·1) (40•<>) (45·8) \6S· l) (~8·4)

Tor Al. tS7 W 31! 19$. s6Z 257 146 103 ;s? 191 ~64 301 % (100·0) (100-0) {too o) (100•0) (100·~) (100·") :100·0) (100·0) (1:io·O) (100-0) (100•0) (100·0)

Invcss- AJ)prC\T"J lnvc.t· Rcji:c:ld or Dd'attJ.• In><><- Ko. Taal Import m= ...... -mcnr r.n.....c:.u- compc- data Ne·. Toca! I:np-~rt dam )l'o. Tow Im_po'tl dots mezr -eeee - ln""' eoeipo- ""' Jn.-..~- comp)· ""' _,_

"""' 0.."'11 awn .. m<nl ll<D! avaiJ.. •hi<> ahk •ble No. No.

Td..lll.m t3.-S~CWM-TYr£Dls:r1u:Bcrroso.rA!'PL1t.t.n~ r~ (At1wun.ts i11 Rs, Crt.ru)

To:al I.:l\"tstlncllt T}l)C --- ·rota! Upro 0-10·0 JO•C•24Q·~ -0-49 O· .5()-0•99 1•00-4.~ 5"00-<)•99 10·0() and

•b<>.-e r, New Article N>.o£~s 116 60 S1 >Ii Lf i7l T""1!In- s 9 u 19 25 16 a, Su~lafltial K>. O! •PPUcal>t& 6 '¥] >9 LI r7 2 16] Bsvmsion Total InV!:Stm:flr 3 6 10 ro 30 14 7J ). New Unde~ng No. of applkannl 33 102 lOS 34 S5 ... 26 365 Tora.I Inv.:stnu:n1 2 18 3ol ~ 112 92 316 T9T.u; 'I•. Of •ppl.kants ZJ1 199 187 96 u 16 2 797 T<><al Um:sfmcnt 10 33 61 61 T(i7 'lo6 ?6 4S4 ..

°'

- •

"' TABU r4~1os.u::O-.snmuno>< at Attl.Ji;;hnem 1966 - (,t,o,..,,., In ta."""")

e co ~ A<m«d Rrjcrud"' T<>ttl r. Dc:ferttd ...

la."Ytt"L- 1-lo. T-1 EnpCfl }JJ ... t- No. T«~l TmpOd lo\"t:st- N•. T"~al Import me<tt inwst- ~ """" J.nvcst- COU)p~ mc:ot Invest- comp<>-

Do; mctH. .,..,, dota muir 1'dl1 d ... mcm nem •.ail- not uet ab!< a7Si1- :JvEJ-

able abte

):o. 1'<>. 1'.'o.

r, West~% • ;9 1'4 -42 ~7 $6 So flo·~~

i '25 1S4 S7 3S (<9·Si {19"21 (13·2) !•J 6) (!5·3) (n·7} (7·8) (16•3) (r6·8) (12•3) (t1•6) ... ....

:. l\1uJ13Ia:Jlrra % 69 16$ !7 41 16o &> 3$3 :>3 »9 .z:s. 92 (21·~ (Js·o) CJ<> s> (17·S) {2'>·7) (23·6) (73 3) (2J-o) (23·4) (3c·3) (~3·2~ (19•6)

). Dilur % . s 13 ;9 16 is (1·~

J 1 30 17 30 (5-;~ (2·5} (2·4) (9·o) (~·I) , .. 4} (0•7) (0·9) (3·9) (2·2) (6.s)

4. M.a:ltu%. .. u a 1S 47 .. 6 4 59 65 48 ~ (6· 1) (8·1) (t3·2) ~L.J·I) (8·3) (8-2~ (4•1) CJ•t) (7·8) '.~·2) (1G•J) (to· 6)

s. Other.!% 73 >J4 149 S6 - •4> i9 67 )16 35~ >38 tS3 (36·6) (39·7) (45·8) {43· S) (43·4) U1·>~ (6o 9) (6s·<>J (41·7) («·6) (51 ·3) (so•S)

TOTA.1..; % •91 s10 3:8 191 561 •57 u6 to3 7S9 797 464 301 (100-0) (100-0) (1cn•O) (100·0) (100·0) (100·0) (100·0) (JOC·O) (100·0'.· (rco-o) (100·0) (JOO•O)

TARf.£ rs.-G~ Dlstu.wTtaru: APPJ.JCA,rto.'U- 1964 (...f11'0Y.':.;.r in RL O'i>rU) •

1 • .. j 6 7 Suh 8 Tora.I Govt & G~u. :Olli) Private cu.op TOl~I lu!:• 9 .. d

mo!lum Jl'O'.IJJ$ I. •rota! II'\ ves:rocm dat1 n0t

.-\ppHcatioo:i1 lh-:itl.:t;Je 8 83 >s 2j ZS So :u9 ,,,, 7;9 2& 7~ No. a, ~ 6• .. ~ 37 41 ll).I 566 ;-62 oS 19i % (o·S) (8·0) (.1.•11) (3·7) (4·1t) (s·1) (25•5; C1•·s) (100-0) b. Tota] Investment f{a) 1 79 18 32 24 q t68 ~j;. 400 6• 46.4 % (0•2} (•9·8} (4·5, ~·o) (6·0) (3·j) (f.> o) ~· o) (100·0) c. Irnpcre <;Ol'll.p.)ncnt •.:,;. .µ 9 ..... ,, u 100 158 258 43 30J % ( ) (lt>'~) ~ s; (8·5) ($·8) (4·6) (38•$; (6•·~) (JOO·") 2. ·roc.U Approv«J loi;;:sc.m.:nt dztt.4 :'10( .... AnU:ibl• ee No. s .. 12 8 18 2) ~ Ht 191 ~ 1~7 .. No. 6 ~ ..

(2 ~~ 18 28 32 l4T 37T s12 ~8 54" % (1•2) (8·•) (J·s) (5·5) (6•3l (2;·6) (7;i.·4) (IOO·C) b. T'7ta.! l.nveso:ient

•f (a) l (03-~ (S·~

IZ "' II 12S 411 ~73 4$ 31S y, (O·d) (~·4) (li ~) ~~·o:: (1s·S) ($4·2) (100) e. T inporc componem ~

31 8 8 ·~ 10 711 91- 169 >3 197 . ~~ {22'5) (4·7) (t•7) ca-'1; (S 9) (~6·2) '53·8) (100•0) •Group Co.!• T. Tafll

2. Blr-11. 3- M11rtin Bum 4. Dmgur-~n;. Bi'<I Ilcilgct, And= Yule. Dll:ni>,S>hu Join,A.(~C. s. T''>"IJIL", G<Cnk.,, }_ K..Il*'1ill-]alm. Shri R:t:n.Irc~Mt<by 6. Waldt.lnd_, .M;afallal .. Kaitur:bhai~S.cshasayee_.. }Ail icdrt.~ t-: itlixbr. K.amani _. S arabhai-~ Sim_p1an 7. f •«:national CDmbi•n 8, O<hu 9. G=mont & Co-oi><ratiws.

• t

. .

TilUNo J6.-Slll!Dtmllll1TION OP Al>PLmlTIO"S 1965. (/Im<•"" In Rs • ......,)

Tot>lln-"'""" Taul Jo.vcstmem Op10 e- to e- 10-0·24 o·>S-0·49 o- :SO-O'll'J I •"""'I 99 s-oo--9· 99 10·00 dsb 00[

& above ov.i.lable .No.

L No. of a:t>PliCltit:tns I . 158 172 Y1>1 73 7) '4 3 627 931

o/o-_. C>s·•> (27·2) ('0·1) (12·4) (JJ· 1) (,,·2} :o·s) (100•0)

•• TOtol ln\'-t&antru 7 2l> 42 ~o 16o 92 67 446

% (1·s> (6·3) (9·4) (U•)) m·9l (>.<Hi) (rs·o) (roo-o)

3. Impon ccmponeur 4 17 ~ 31 93 SI 56 z.76 % (I·~) (6·>) (8 7) (11·2) <n·1) (13·5) (ao·3) (100·0;

4. Tndige!lOUj ccmp<>neA-i- 3 11 tS '~ 61 41 1I J7C'

% {r·7) {6•5) {to·6) (H·J) {39 4) (24· I) (6·5) (1oc o) .. '°

'

'I.uL9 l7- 'TYn 01.Si'"*' l>Oll OF Anuc&nol<s 196S. (A~nr 6' Rt. croru)

b~ No. T«11 ·- ...._. N>. Tew lmp<lJ1 Invest- N.o. Tooi: Import mc<U rt:.vn1 .. CDmpO ,_.,. luvcn- o>mpo- "'"'' Jn\'i;st ... COl>l}JO· data mr:nt .... r d>ta m:nt UCDt dab mtm ncm COi .... no- naJ- """"" ""-'l· obit able ,bk So4 No. No .

T. New Ait{dc cJZ ts<> J6 •• •f'I S• 22 (•6·~~

l30 >ot s1I (Ia·~~ % (µ·9; (rY..O (9·9 (:>4•0) ()O·O) (17•2) (24·7) ~·J) (13·0)

>. Sublt4nill1! Expol1Sion rt; 1U :"!I lS I~ >S <s·sl 3 217 149 86 (14·3·~ % (40 s: (17 1) (24·9) '.11·1) (t'S·9) (14·7) !CJ· s> (z3 2) (13•8) (19·3)

N°" Uoderukin; t8J 136 Q •17 .,.

3. 93 2'02 311~ 114 "9 •77 - ZOJ 0

" (n J; (40·0) (63·7· (71·3) (6o· 1) Us 3} (77·3) (80·0) (s2·1) (H •: ((7•7) (73·5)

TbTil 179 457 317 191 ,,, 110 1:8 s, 934 62{ 446 276 % : (100 o) (tco·o· (100·0) (·oo 0) (iOO o: (100·0) (100-0) (100·0) (too·o) (100 o; (100·0) (100·0)

~&nour.u in lb. c.ratlt.Q

'I'O'.ol ~t

·rype Up to O· 10 0• 10-0·~ 0•>$.0·49 0·~·9!1 J•QO.,f•99 j•0<>-9·99 t)·)O&ab<>v<Total

1. Ne"'° A~tJclc No. o[ Appli~ 96 &J 21 8 ' 4 20T Tottl In ... "C$tmtct 4 XO 7 ' 9 •3 ss

2. St!Mtandal E>CD'1DSiOll No. o!Ap:ptjation1 3& 43 27 19 19 3 149

T<>!>l Investment • 6 9 •• 35 ... S6

3.N~UndataltinJ No. of A;>p!jatiom 24 6;, 79 sr s• 7 3 277 TOt.a1 In vettmt:nt 12 25 33 II6 46 67 3<1Z "' ...

TOTAL: No. of AppliClti""3 .,. 17> u7 7& 7! '4 3 6•1 TOllll IllVllt:mnt 7 2S .j.1 So 1&> 92 67 w>

l

r •

TAaa! ~RllCIDw.L mstll(BllTION Of' MPLIC.U'1l>"8 I96S (l{meur.ts" in Rf. Ot;.-n:J}

Appro..-.d Rtje;otcd or l)c{CJTcd T-Oul s-. No. Toal Impott No. Total L,,._porl ~o. Total lml;<)TI Jnv.:s..t~

JQ\·at- O>mP<>- Jnv<.t. O>mpo- lnveit• Compo- mcm meru neut """" n.at mcJlt nenr data

Nor ovniJ .. able No.

West D<nga! GI "' 19 38 JO 26 9~ 70 45 '29

% Ct>·>) (9·s) (9·s) (n·2) (11·3; (?0·6) (rs-&) (IS">} (16·3) (TJ·~)

M~ash1ro ,,, <7 'Iii 47 JO 21 r68 S7 51 :~6 ..,. % ~·~ <IB·o> (18·8) <•rs> (24·4) (24 ·7) os- 8} (t9"Zi (20•6) (26· 3) N

Ribar •3 54 (12·~ 4 IO 7 '-7 4 31 s•

% (5·1) (17•0} (2·3) (7·8) (8·~) (.(•3) (14·3) (rr-z) Cs· 6J

Madras 39 '6 JO 9 ~ I 43 .28 " 61 % (B·s) ~··) (s·•) (;·3) (t·6) (•·•) (7·6) (6·3) (4·0} (6· s)

Otlt<r ~13 •so io8 73 46 JO 285 196 TJ2 446 % (.;6·6) (47·3) (n·9) (42·7) (35·9) (35·3) C.S.s · 4) (44·0) (47·9) (4rSi

TOTAL 457 317 I9I 171 ... Ss 627 445 ~76 934 % (100·0) (100-0) (loo·o) (roo·o) (too·o) (100·0) (100·0) (100·0) (100·0) (100·0)

TABJ.i zo-G-co~ Drs71bm,."TI!)S OP AP'PUCA'r01'~ 1965 ~.tfit ... R!tlli.tl in R1. ~1i/T~S)

I 2 3 ~ s 6 7 s~ Toca! GraJttl T-1 lar&<

ind r.l(ciiOO g Private 9 ~rotaJ

1. Tctol AppJiai- lnvtsta:td1t groups ---- tlo"' tbfa ax

1n·3ibbJ:: ll 8[ rUl "8 30 41 58 Zl9 626 871 58 9JA

A. :-<o. 10 56 nil u ;I 3Z -18 iSl 41z S93 34 6-:.7

b, Total lnv<s,tm.;,,t % (1·7) (9·~) (2•3) (3·s) (s·4) (8·1) (3o·') (69·s> :100·0;

24 62 (3-~

56 18 .. 196 221 ~·1 28 4-16 (s•7) (14·9) (13"4) ('4·4' {s~) (47•0) <s3 ·o) (rcc-o)

c, lmpt11t ct."tllJIU~ % 13 3"

(1·9~ 49 13 rr ns 137 z62 14 27\1

Tol>l OJ'Prov<d {s·O) (t;·o) (l8:7) <s·o) (4·2) ~47·~ (52·2) (tOO·O) .. ln"""1neJJ.t

d.af~ - ..,, av~lsb'c

.... No. 4 .. S'I 16 IS JI 3• 10~ 156 •60 f9 279

II, No. IO 36 NU Jl 17 (s·~~

34 131 2!)6 42~ 30 4S7

Toral I nvestmeru % <•·3) (S·.j) (2·6) (~·o) (8·o) ()o>7) (69·3) (100·0

b. 24 36 r4 jl; 17 1~ 166

(42~~ 29) 26 317

(lki) (12·3) (4·S} (19·3) (s·8) (6· s) (57· t1 (100·0)

e, iln~Ort ~~ncnt 13 ,, ' 48 X2 10. 1o6 .,... 178 13 Jl)t

% (7 ·3) (10- J) (2·9) (:7·0) (6·;) {s·6) (59·6) (40·4) (100·0)

•or~up Code: ---r.-Tt1to. 2. Dlr-la 3- IUil£UT Sam:utl llird Heill!tt 4. Andlcw Yu:C, Dalmia S· Sahu Jain A.C.C. 5. Thapar, G<>enP. I- J<., Bljod:i, J.Ua.n,Sbri Ram. Incl;cq>e-~y

~ 6., \Vttkhaf'\d, l\>l:t(atlal, .Ka'!.nzrbbai. ~, .Mih.i~ Kido!kar: Kttllllli1 ~::ablW, Si:n~ 7. 1111"-'-n:iliO<UI Olmbi= S. 01~r 9. Govcnlm<11' & ~

jl

r, No. of applfa<rons 61 so ,. ae J7 j 4 2o8 354 % (29·3) (24·0) (~·;) (9·6) (a·J) <•·6) (1·9) (100·0} •• T ._'tal Jnvc:gtmcnt r•·s~ 8

(IO~~ 11 :µ 31 61 169 % (4·7) (7•1) (18·~) (~1·9) (3S·2) (100·0)

(•) lmJ>O:t 0>mporu..nr • s lJ 8 (za·ii '5 <2s·~S 10-J "' %- (1·93 (4·8) (10·7) (7·3) (2s·•> (100·0) ~ (b) Url':igc:DOUA COmpootnt I 3 6 4 ' r r. 34 66 o/ (r·;) (f•S) ~·1) (6·t) ( ro- 8) (16•7) (s!•S) .(100•0) '. M

T""'1 IJ>yest· rnent

10• oo & data 0.01 above (l"~J~

!<J'o.

Upr~ O·JO

Tow IM<Stmcnr

(~ ir. Rs. er.,..)

TABIJt ~.-TD£ D~ 0.f A.DIPl.lC\UOS-S J•,;.-Jm<B, 1966

(IJ~t in IG. :T(Wt1)

Approl"<d R•i~ordcf- Total "'-<- N<1. TuQJ Imp:>tt lntt;t- Xo. "!"otal Lnport InV?2Ct- No. Total Lnport .,. er tnv..:.st- oooip(>- mtOl love.A- compo- tn~t ln\'t:Sl- ecmpo- Type da1a m=t nttu """' JU<Dl '"'"' dJlla me.nt neat not ""' DOI a:"irir- :11\r"Sil- anil- able <ll!le <bl< N<l. No-. No.

r , NC\V iutjcl~ p •• •9 - l3 6; lS <s·s~ 3 w Sr ·~ T(o % <•1 .4) (~9.7) (>s·1> {'4.r) (z.>·9) VJ ·yl (6· 1' {28·0) {4-! .8) (r4·8) (15. 5)

2. Suhstanti3l Exp~joo 17 36 a, 1R .sS u 4 (6·rJ 1~ .s 211 '" VI % :n. &) (24·8\ {lo·S) 03•3} <·~·9) (1~·0) C•·4l ,,, .. , C•l·•) (r6·6) (20•4) "' 3, N<W Umltrtakicg lJ 37 34 21 .. , 3.6 8% l tllo 73 H6 li6 ., ~22·3) C•s·s> (,j3 s: (42·6) (57.'2) (p· r} f90· r} (87.S) (so.8} Os· •) (68·6) (64. r) ,.

TOTAL 62 145 78 s. :!$2 63 91 49 3$4 20B 16;> J.o~ % (roo·o) {100-0) (ICIO"?) {too·o, {lOO.O} (Jo:>.o) (100·0) !too·o) (100·0) (roo-e) (J?O·O) (roo-e)

I. New Atti-t'\t' Nu. ,, 16 17 G 7 ~7 TotiL Jn,<£.,r~cnt 2 2 6 4 " 24

2. S\lbsr,ntial } No. 10 16 r4 i l ' "8 ~x:pc:udon loW. Jnveirmurr- - O<J!. 2 ... i lO 9 ,,.q

3. New l/ nu .,lrltll>g No. 10 18 "" IO 1 4 • 73 ~l"ec:al Jn\-estlr.c~t """' 3 7 6 10 •8 ~I 1.16 "' "' Tu<al No. 61 50 Sl 2.0 r; s ,, 2oS T«iil! ln'lo·~c.m 3 8 •7 .. 3• 37 ,, 169

s·oo 9·99 Totnl Toa.I )D~ent

0·21· a 50- 0•49 e·99

l)pm O.Jo

TABLE 2J.--Stn-C.rot-TYP! D:sn:mrrms-or .,\ppuc.,".:10.~S •JA\o\!i\RY·Ju~1:. 1~

(Amdwt/ in R.~. uores)

• •

T.\..Ui..8 24-Rro~XIJ. .DJ.snrnmtto~ C.P ...\mtl.:t"..ATIO.?t# Jil"U..ut'!"·J~V. 1966 (AmDUtjl '°' Rt. '"°"""J)

APl!ro=i Rtj<a.:J ,,,. D<f•TT~ Toto!

States ---- Import Iovcsr- ' 'No. Taul Import b~~- Xe. T0t2l ~¥" lnYest- 1'.'ll. Tctal CCW,pa- mcnt

m .... --.:st- C<a!J>O- ""'"' invesL- a>.mpc:- mcnr invest- eem dal;a _ ... """' d.ca m<T1. D<Jll daw a1cnt net

II()( ma ..D\'Bll- av.Iii- ....... ..m:e able •bl• No: No • No.

r, W c.t Uellll)ll •7 " 9 • 9 4 ) (1(,~3

>6 15 12 5~ ~ (11'·6) {13·E) (16·4) (;::?•9) (4·3) (•·4) (E·?) (17·3) (~·9) (11.6) (is·!)

•• M11h:tr33hlra 47 IO fi 23 9 • 2 6~ 56 ,7-~~ s ~·4·~3 % (32-.i.) (r>·I') (10·9) '37 t) (f~··l (4·4) (4·-a) (2.1·2i (z5 ~) (7•7)

Vo

3. Blh;,t • I t , DCjL •CJ!. ·~ 6 2 I 18 ... % (2·7> 1·1·1) (r.8) (1·i) (3·•) (-' (-) (s.&J (;..9~ (i -a) (•·3) {;. r)

4· Mn<t:;Js 13 32 20 (8.1~

6 • t 19 l9 31 21 14

% (6-<>) (41·z) '36·..f) (9.s) (2·3} (•.•> (6.G) {9·1) {20· rj (20.s> (6.~)

S• Others 54 :6 ~9 ~~ 31 81 ~2 •·15 9r 10"' 51 r~

'~ (37 -0 (3t·S) (34.5) (.je• J) es.·1) (89·:1} (S~ ;) {50· 3 (H·S) (32·~1 (59,•) (,.S· 6; TatAL

(100'.t1 ;8 55 6> 63 91 4S 292 208 169 •~3 ~H

•' (100·0) (100·0) (100•0) ,100 0) (100·0) llOO•O) (roc-e) (rco-o) (100-0) ~I00-0) (too·o) ,.

(Anroont ;,. RJ. ororu)

Syb To<al ::~ & Toul Grund s 6 7 8 Priraoe 9 TouJ - •• lnvntrnc-nt \hita llot a1'ail>blc

No. 7 29 19 9 It •s 100 u9 µ9 •s 3~ 1. Total Applbdo.i~ : N<>. 7 IS 6

{6·~~ II >l 70

[2~ '93 lS 208 L % (3·6) (7·¥) (3·1j {s·8} (9·3) C36·u {63--i (100•0 b. T0c.I tii v c-cnt l 39 9 27 ? 3 9• S5 I# 23 169 % (0·7) (z6·1l) (6·2} (•8·s> {4·3) <s·s> (02•3) CJ7·7) (roo·o) .. e, Imp0n o.npnmru neg. ·~ (1o·of L4 {s·~

3 51 38 H9 14 10) % (t•o) (t6•ll; <ws> (8·9) (S7"8 ) (µ•:.) (100·0) ),'.: 2. Total lnvestmmt approved

data .Dot available • ):o. 2 s l 2 s 8 20 S6 S6 6 62 .. No. ? {s-2) 4 11 6 15 so 84 '31 Ir '4S ._, (s·2) (3·0) (8·2) <•·s> (u·2) (37·3) (62·7) (100·0) b, Tot.:al Inv~tmc-nt ,.

' .. I 2 4 8 ,. 39 <5 21 78

c. lmpott oom_paoent % (1·&) (3·6) (1"8) (3•;) (TO) (14·0) (31·6) (68·43 (100·0 (~ ' (~

l 3 7 13 2 41 u ;~ % (2·4) (z·~) (7· 1) (:6·7) (31-<>) (69·0 (•w·o}

• G.l<IUP code r, Tota S· Thapu, Gocnb, J.K. AAJORIA,-Jofan, Sbrl Rl!ru, Inchcape r. Dirla M>dc>y 3. ~li\rdn Butn 6. Wakh:md, Mand•~ KamublW, Se.i-.)'00, M.ahimha, KJr}.,.1;ur, of. Uangur-S-Om;UUBi:d Hel*',lutdttw Yule, Dtlmia SahuJai;i Kanani, Satabh!i, S:1nJ'S')n.

A.G.C. • •• Im:rmclol>li c:omtincs. ·°"- JI. U<>vro1m'm &. ~

.. Al'PUCl\TIONS TO LICENSING COMMITTI!l! l'l.)R INTDUSTJUAL UCENQ.'S

[964 IO JW!C t966.

{SOMMAR'i)

Tuu; -:?6-5u1 nisnr.st.'TION Ot: Affuc.\ T1()Jri.st

(A.-nounr- ;;i RJ. croree)

u- e-te- 0•25 .. o·so- r-ee, s·oo. 10·00 Ttxal tuvesmeru 0·10 0·24 O•.f9 0·99 4'"99 ~-99 & 11l.i0\•c dara not a\oaiJuUlc

NO.

r. No. of 1pptiatlnn1- 4.lO pr JG; •9.j t;oll 3S 9 1632 in1-1

_..~ .. (26·3) {2s·S:> (22·5) (tr"!)) (10·9) (2· J) (o·6) (100·0) "' "' 2. T()taJ lnvescmeot "" 69 ree •~3 357 235 t54 "'79

% (J•2) (6·4) (11· J) (u·4) (33· r) (:>r·S) (14·3) (100·0) .A. lmpori: compo."'lent 13 « 76 S4 •14 ISO 100 6~0

% {t·S) (6·5) (tr· 2) (tz·4) (31·4) (:»·t) {4·6: (JOO·oj D. Wdigenous COIDPQDelll 7 25 ~ 3<J ·~; 85 54 3.98

% (t·8) (5·3) (n·3) '.?·ii) (3j·9) c~~·~> {13·4) (too·a)

• .,

ThBl.E 27-TYPJJD1$llll!lllT\')'OX Al'l'UCU:Jl!Nl ts4-JllNE 1966

(A- m Jb. <rOTet)

Appr<M:d Rejeacd or Deferred• Total

InvatillC'nt Toul [mport t......mem Total Impott ln"C$t• Tors! Impr;irt daui nee ~o. rove.:- oompo- -- No. ~· roop:r mctlt a.ta !'•. lnvdit• compo-

'I~ a\•.u.ah!e mcnt J>C<lt ll\'3tl&ble <m near uo:t 11Vlill. mcru ll<l)t

No. Ne>. able No.

t. New A:n:icle •!• 4-lO "'3 61 .µ6 •49 55 34 w, s;ll rss .r95

% (33'6) (w~) (14·4) (13 7) {2&·2) (30· -1) (15· 1) (14·3) (.>9· 5} (34")) (14·6) (13·9)

'2.. Substaruia: ExPlfl.iion 2rs 2S6 164 94 >-16 71 23 -14 :<53 3$8 1S7 ~"!I

% (.fO·O) ~25·0) (23·0) (a r 3; \16·4) (If';>) (6·3) (j·9) ,.u-6) ('1·9) ~r;-·~) (1<J 1} °' <:>

J. N<N Und<r..iana y.µ +i' ~& 289 815 2&9 S; 1S9 911 71S 7J.j 475 .. (26·f} (39·<) (M·6) (6s·n) (ss-4) (w9) (.,S·l) (7!>'8! ((7·8} (43·l} (6~-c~ (7<>·0) "' TorAI. sJS U.j.2 :•l #4 •S."9 490 36) 237 2047 163• 107~ 680

% (100·0} (100·0) (COO·O} (100·0) {100·0) (103•0) (100·0) (foo·ol (100·0) (100·0) (100·0) (wo·o)

•·thett ts some mlil.iple counting of ::Jpplicltioo!tCOD$idC;r«l more than.cnoe.

TA8L1! 1f-S1Z1>GU>1-1"rs 01>-..mun<»< o• A?ruc.nc"~ J964·!nm. 1966 (Am.:1!1nts in Rs. "'"rts-J

TamJ Im•esunent-

Type Upw O·IO• 0·2;· 0•$0" r-cc- ,.cg- JO·«> TcGI o·•o 0 ii O·<I'} 0-99 4·99 9·9'} and

above

-· 1. New Arthlc : N-o. of appliectioas. • 2.~3 L4l 9• .s• 1.6 4 S59

TQb.l [n,.~estme:n[_ . IT ... 31 2ft 45 23 •:SS

2. Sublte.ntial No. of applic;ttiom • 110 96 70 sr 39 G lsS ~.,., Total lm·cstm.t.nt . .5 LI- ., "4 1j 4j 18-:

3. New Undc;rta.'.O.ng Ko. of •?plicatiom . E-7 1Sz 204 1<>5 LI~ zs 9 7JJ Total In .. -esu:neat: • 3 33 67 154 1f.l> 165 (54 71'1 a-. ~

TtnAJ. No. of applicatiom: 410 ... 365 1~ 178 H 9 1632 'Tceal lnvntmeot . eo 68 .... ~ 21$ •34 (54 107,

•Em.xling.applicitioos foe which in<"""""11 dalA atell<>l l\"tibblc.

- . ~

TAlu29-Rrolo>:ALD1SrtW1UJtai< Of Al'FUC.T!O.~ 1964-JUNS 1966 (.ti.,,., as. f;fef"~!;

---· - . Awn:w<d Rec.;\'ed <>r d<h-trcd T•!al No. r.,.., lm?Ort ~o. T=! brpt11'f Xo. l"otal ln>J)Vrt Invest,rn.~ni: St-ates Invest- eompo- .Invcst- eompo- [nVCI(- Ct>D1J'l>- data not - ...... "'""' iJC-:1[ ment .nem ofV.ililaVJc- ~~-

\Vest Bengal 19.! •1 (1.1 ~j n ~ 37 <6J 14:? 9i 3•'9 % {16.8/ (lp6j (15·7~ (r6·2) Cts·1J (lE·~ (r3. I) (13.s) (15·1) Moha,.;hcra 3;13 124 83 u6 69 4lt .... r93

(19~~ soo ol (>?-~) (I7·3; (18·7) (>3·6) 'ti.~) (19· 6) (>7.4) (r7·9) ~7.4)

,. Dihar 40 8s 4 re II g ~ 96 49 JOO % (3·;) :r1•'} (9 :) ,,.t.O} (l·o) (3·4) {3.rl (8·9) (7·2) {.jC·9) e M..idn, ¢ = s• 36 ro 6 132 HO 6.l '+I

,, (~·4) (u o) (rJ·O) ,, 4i {z ;) (>·6) "s-~ i .. (10·2) (!)•4 (7.0} "

Others ,Pt 323 z.,g "12 216 1:8 733 539 3-16 93~ % {42. f) Us·z) C..6·1: (51·3) (sg-:_) .s•·1) c~s-9; (49 9) ~0·9) (4;. (. Tout. J.J.41 715

< ico"!t.~ 491 c•o2~ -2.3-i 1633 lOi°Q 6110 2:>.J~ %. (100•0) (t>o o) (ID:>·o) (ID:>·O) (1w--.:) (roo o) (.tc,·o) (JOO·c

.. TAll1.lt 1-CVUP* ~OP Al'PUCUJOXS 1964-J~i T 196S

6' ,.An.so:( "" '"" d"Ofltl)

e ~ I 2 4 s 6 1 S cb-t""11 1 Tut.st (Tort& Grun<! >!" '< ·~ flriV<ltC Co-•'l'· Tatoi

I ,.ad

"' mC'<:tium 9

l.A\--e$tme:D~ dilt.4 J;.ot f.rt'I'~

J. T uttl ipptic¢0ft.1 . avWable ~"- ;6 '9:! 1% 6' &<> IJ3 slR 137.) •943 11>3 2047

P. No. ·~ 1:!2 41 61 $<> to~ l;r.~\ 11c3 1540 i4 16J2

% (1.5 ll. S} (z·6) ,~-0) (5·2) (6·9 .- , <:Ji-3) (100·0)

b. i()(:lf Investmenr z6 .l °5'..) .p u• ~9 -3 4SS: 503 963 Jlj t"7R ., (•·1) (1!·1) (4 -1) {tt ·S-t (s·t) (4·5) ~47 ·'1) (52·8) (100 n)

" c, Impcrr comt»fltnt 13 9< >J ~s ll 31 216 33~ (100~ 71 68o

% (2·t) (q-9) (3 8} (LC·O (s.4) (s·t) '••·3) (54·7 "" ... ,, TOid •Pl)rOV<d ln:vesuncot data not

a>'>liabte Ko. ll 45 29 2! 3-1- 6o """ 303 SU7 31 538

a, No. 23 Cr~~

30 46 57 8t 3!Z 75' lO?J '9 •14'? % (2.r} (z·S) c~·3> :S·J) (7.6) (30·0) l?O·O) (1nc.c)

'b, TOl'.a.lllrfertmcnt 26 tfl? 2? 70 44 )Ii 309 JT2 621 9Z 7t3 % \4·2) C•~-sl (.j-7) ru ·2) ( ~-1) (6·rl (49.S) {so·•> (100-<>)

c, Import ceeipceenr 1' (r4·~~ " 51 :19

(6·~~ 196 193 389 53 44>

% (3·3) (3-~) (4·7) ·1·sl (S<>·-> (49·1i) 'ioo·u)

Group Cc;4e• 1. Toro. S- Thw>r G...nka.f .K. lllio~•-J ,1,,,, ~!W !Um,IndJ<:>;c-_\bc.ay. 2. Bir.la. 6. \Va!duM . .M.ifa.l:.l,!<cl!i!UrblW..8~hut1See, M.sbjod.~,KiTli>sk:uJ 3. ;\\:srcio J:hltn. Xmru.ai, S.rob!ui, SiUIJ"Oll. 4- &oiur-SoJiani~ Bird HcUg:r_,AQdrcw, Yul, D.tnia:, 7. J7t~Ohl Olll:bUeJ.

Satj3in, Alx. s. Oll:<r. 9- C.ovcrumwt & ~ralns-.

i • r

TA.1U 3r.-JIIJ:LA AwucAnoi: ..,. {st!O$nW. I V'f>Y'D

(1')S7-Ju,,. 1~""'7)

Period A(\'l;c..;..,s•

Trr:c Tct:sl Dak Onl1 Ostc. T~ lmpoa: lmt('l1 Tcn.l o.te Onl)1 Dara. To:at lmpon rmPan

(4..,.. oa dsre nrir i.ru.'CU:· ecm-o- oomfll.)- :1-1 -e on import not_ nvesr- ccrnpe- CC'lllnpo~ sT 6} t.otal on :w.iil- meat nc:nt ocr.t n. total rompo-avW- - rnent neat ttnl

inv;.c-iopgrt Ible cifl.i) of cl +13) "'"""- nent able cf(u)of(l.4) of(l2) =nr "'"'1po- for (7) (j) mcot oru- for

- ava'I- &blc eyail:- able f()f :WI:- ''"' for

~,~berg R'- """"" Numhcrs It.. cmres

3 4 s 6 7 s 9 [0 II 1> 13 14 I.I i6 ~

I95N9 - NA .26 JI) I 15 4 3 ,, 7 10 3 3 6 ye.,.) Si! 79 4> 7 07 25 19 3 58 3Z 5 >l 11 8 • NU 37 27 3 7 27 ar 10 15 to 5 13 rr

TOT.\L U2 b 11 -9 36 41 1-1 90 49 s 36 27 "" • I96c-6J • NA ro8 sS 6 14 4> ~7 •3 • 24 3 14 ll 8 3 (4 year.<) Sil = rt 2 •7 9' 65 4 M .:0 14 7• 46

NU l4• u7 9 IC.I l2J H6 Jl 42 3 l6 36 26 3 TQ'rAL 4]1 * '7 1<)6 '6[ r;S 211 l!S tai s 44 1t7 19 6

r964-Tnne 1966 NA ~ 42 S2 2'1 r.:s ~ ,g t6 JS s (2i yeon) SR 66 '6 4• 17 IO 37 20 17 17 9

Nt: 165 6.t JOt t.p 69 49 37 u 1Q 4[ TOTAL 3as 132 19] lb 91 130 ss {S [02 S7

NA ~ 19;7- Jua•J1966

Tar.u.

•• ~, 77

3 5 , u

7 n ... 1f3

7 9

(3

Tl 4.lll ~ 3t3 H 3i; ~ 10 tz5 -'"<6 t~ 9

~"l:w Atti-.:.k: s~...OOUntll.l cxo.wion-1':rt1-New UnJrrtll}d.ng SOL'RC>; SUlllO>rY of ,\ppilcatioN pb<:ed bell:ce U:cr.5i:>t< Olu:lnitt= .

N011!.-f 1) ·rotd In.~rmcnt u:ud UnpJfl <:.'ltf.pcncni rdet t(;"i:l\"c;uocnt ~ ~i~ equ!pmca:t Ql'lly ~:z) "Number of apl'or1'.lvt.h Would dieci f..~ Mmi~ttJ IY lnJocuy .:l.a:2 OV.UJ, re n."'IO-s~abilitr of da:a fa; e.ppro?als on the " f rce

liocnsiug,•1 ~. sppli:alio~ tOr '"hi.:h do J.l:Cl cncnC" beL3rc the. Lt~sin"? t ~nirr---:.. ~Wnbct of opp~ MJ Ul);)Unt ofin'i~r etc, arc gross of r:l.:3lbrle ~ ur IJ)l)\ic:ifiotu ca:.s:J.ered more thm.onec Q-Y' the

UO,,,...ng ComnU<o.e. ®Licenses ce letters of intau.

TAlll.E µ-BllllAAPl'uc.mo,..""' INDUsnlAL l.J"""3S [967-J,,,,, 1966

--- -- Applic:atioru-• Apprnv:JJy C·.1:,:nJar Y~a1 Tn:e

Totll Dam Oulv 0-..ra TOISI lml'On Imp-et TN>l l)ono Only Dam 'l"oUll r 11'1 port [m port. Gl+s Tollll d ... - in- CXJmpo- OMJ:l>O- (rr + '"' i11u11>rt nor in- com- «'<')• +6) m. co aw.ii- veil• nc:m n.::or u+ t..al cem- avail· vest· {)()- pQ- Vest- i:rr.pc.n- ab~ mou of(7} of {SJ r3) in- po- able mcnt .nent nene

o:OJL cum- for foe VC$1- ncnt for of (II) of (r4) of (12) •~il~ po".lCDl W) ment ava.lJ- " able ttail- ~-au. ;at.le

for able able for ro. ree

Numbcn Rl. croo:s Numbas ~ cn"lr~

"' 6 I r6 °' 2 3 4 s 7 9 '" lI ll r3 14 IS 1957 NA lO 4 6 3 2 9 .. s 3 2 S:! ,,, 8 .. i 1 4 a 14 s 3 6 neg. =s- [ NU 7 t 2 J 6 6 neg. 3 • r s 4

TOTAL J7 16 6 Ji r6 Jl. 2 26 II 3 ra 8 '6 [

1-.~ NA 6 [ t 4 ac~. ueg. SE ,.. 9 3 to s .. l7 6 • 9 I J NU B 6 [ 8 6 to 3 2 r 3 4 TarAt. ,6 i6 ~ rs 13 JO [? 2') ~ 2 10 6 s J

1r;59 NA 1') s s a;g. ~ 8 3 • neg. neg;. SE 1'7 .... 9 13 tr 27 ar 6 9 7 NU ... t.7 s 13 IO 9 ~ , 3 )

11)'.r!\j, 62 so 19 ~ ~· 41 Y) 14 12 10

I • • 1

i9&> NA !6 I~ .. 3 lO 8 s 6 l s l SE 46 ;8 i 10 43 27 21 6 53 3" NU 12 S3 19 45 36 32 24 i 16 14 Torn. 1~ ·~ jO ~j !13 67 jl 16 73 4~

l~I KA "9 16 4 9 18 :t 8 12 s l 4 neg, t><g. 3 SE 24 ra. l lC 2 2 4 • s 3 J =s- NU 6t 'l6 s >O 12 <9 s 8 7 Tl 6 •CS· Tar At. 114 ~ II 39 S% 3l 17 28 l:J 4 1 u 6 • •96.2 NA J9 Jj J 3 4 2 ~ 6 s I SI! .zG tr J< 2 I 6 4 2 I r Nl.J 79 28 3 4:1 43 •7 7 JO ~ 4 8 4 3 Tor AL 121 S4 ~ 66 49 30 .. 22 L; 7 9 s 3 1963 NA 44 14 l9 9 6 neg 15 8 7 s 4 SE 26 r: 14 18 14 13 10 3 17 13 NO 29 J~ .. 7 4 .neg. ro 6 4 z "' ,._.

"' TOTA!. S9 36 z 6r 34 24 neg. 38 34 I~ 24 19 ,...,

lf,~4 KA 48 %2 26 II 6 ll J4 i 7 4 SB ?S s l7 < 3 •4 7 7 5 3 NO 71 ~r "" 63 33 st 21 sz 3I TOTAL 144 6L SJ 79 4" 56 42 14 64 3S

IS()! NA 40 17 2!3 11 6 20 Jl 9 a 4 SB 30 14 16 JI 6 2<) II t 1J 6 NU 67 25 42 "" u 22 4 17 9 TOTA<. 137 s<> lh 6z 34 62 36 26 36 19

Jan. NA 6 3 3 r nog. 3 3 neg. Ju•e SE. n " 7 r l 3 2 1 I neg. 1966 NO 'El 8 19 37 I~ 6 2 4 J

'fOTAt. <U 15 >9 39 •s 12 1 s ?.

Footn01es : Ssmo .. fer Tlhl" 31

l

TAllLE 33.-IN!X.'STRL\L L'°""""' .a)'T Ql\1l<[I) BY FoiuGW l!iocaA.'<<l!l Ci.r.AJt."-~"'Ce AS Ot< JA.~i\RV 1, 1~4·

(Foni'1' =Mnr-;,, Rs. lailu)

Y- of- of ;,,m,,,mJ ~

Before 1962 1961 1~ 19>"'9 1959 Total

Sri. Product lu:m No.

r. Alloys tool & SJ:eciol steel No. (1)J S(1} 6 (~~ Tb. '""""" '*1$) 90(,S) '"' F. a. ~ 17) 648(450) us (467

2. Pig !con] No. 1(1) l (Tl Tb. IODDC$ =·s> JOO ~r~) r. g. •7) 200 17) "' ..

3. l'wu lllll!lg:IJleS" No. • . r r Tb. - 44 44 1'. es, 150 150

4 Skel wire No. 1 1(1) • (1) """1<S 1C'50 700 (700l 1750 (700) F. ex. s J (1 6 {t)

s, Tillplllte No. l (I) l (1) Th. ,..,.,.. 90 (~) 90 (90) F. ex. 67s 67~ (675)

6. Stcd c:i:sl:inas Xo. 1 1 4 ~ Th. - 3 3 14 20

F. CL 7 L 41 •18

7, Steel fwging Xo. 3 4 3 :(1) n (1) 8 12 10 i~1 35 (s)

~~ 181 17 z:.~ (22)

8. Grey iron casting$ No. 3(1) 6(1) 3 J1 (~~ Th. ...,,,.. 2'1(u) 18{2) p ti;

F. .... 2'>{•j) as(•,.) >S 70 (31)

9· MI&punpiJ)C& No 6(2) 1 3 l 17 ~~ Th. ......... l2t+) t6 s I 37

F. ""· 5J(4S) <19 S9 neg. !6.\ (~8)

10. c. I. spun pi~ No. . S(s) 2(1) 3(1) '3 (7)

Th, - 2)0(1!9) s:z~~s s~ 371 '.~O)

F. es, 281{10s> )01 40) 434 1265)

n. s ""' pipes """ "'bcS No. (7)1 l2) ll (3}

Th - ""8(1~~ s 65) 491 (2'S) F. ex. 1>4"(soo 207llSo) Ll47 (6'0)

12. Steel wire~ No 4(1) i 3(1)

Th. '""""' 12()) 3 -5(3) I'. ex. t31(30: AS 1fO(;v)

'3· Pllpet mill atlll:hincry No. w.i.s ::. ::. $

Rs. 840 840 F. ee, 93 93

4. nan & roller b=iJ!g> • t(o, 2(tj z. z. A~~~ Lskh~ 5(2) ::.[ "" F. es; gS(92} 99 2)1 ¢(92

'5· J\lumjniun> N~. I

Th. to.~-s .20 20

I'. ex. 900 900

•6. ('J..cb watcheit time pic::::s~ No. z 2 2 6

Tb. nm, 270 -400 15J las J; • ea, 9 ;lJ 6

• J .iC'Cncd i!i1-11Cd io .1963 arc aduJccl L Unke:i with othcc prodlJCU. F- in P'°"""""" relate ID la!ge and medium itOllJ" S•= ;-Ecoton>ii: l\dvi!u, ~ 0: lndusuv.

\

• •

Year-of issue u.Cindusaial,.!-oa-.o:. Jie~Ol'C

1¢2 1961 T960 1959 1959 Total Srl r~cs Item No.

17. 0>.blcs, VIR. > • Ko. 3(1) 4(I) PVC Mn. )"ds, 36~{na) na 36@:.(na) F. a. na, (na) na ns{na)

18. Winding wires, E&C No. s >(•) 7(() 1."omtcs IliSo S00@@(.<00} 21S<liwol F. <JC, 9•• 19(13) 28 (13

19. lrt<Ctti< fans ~ e, NoS. 2+• 'fh.. ·s2s2

P. Cl< 14.q ..,,, 0

20. House SQ'vice meters No. l 3 .. J 7

Th.N°" 147 [)8 15 100 F.ex.. 31 LI 3 ~8

Zl. FCJ:tfl.iztts r nitrogen No. • 3 7 Th. '""""' - U4 486 E. "'· 4:<;9 318') 1459 ... FcrtlllicriJ phesplu:ilc No. . 2(1) 3 2 :2) 7 (3) Th. "'°'"" <S6(l0) rn 9(9) 11!2 (19) I'. .,. L(X;) .·~· 32{32} 36~)

•3· Sulpburlc Acid No. J ~

3(1) 2 567 ~:l Th. tccaes I6s 3 j 59117) 17 P. CZ. L 1s(u) •o(j) 6 3• (IS)

>4· Omstic. tOt.b No. (3) l 4\3) T-1· - (3>) 65(3>.?. F.cx z<lj(2S5) 265 <ws .

•s. §ods ash • ~o.] . 1(r~ z ·i (t\ Th. tonnes- 33(33 U2 165 (;J36 F. <L So{SO) 4!0 51o(s_o

u;. Pope: & popct b<lO<d NQ. 5(2) 6{t; n(~~ Th· lOllll<S '33:51) «>{31r, 199 (S9 F. <L 1•8;(7So) 1147(SOO) ~6'j2 (13)0)

27. ~ew11pcln.t No. . 2(2) 1(1) 3 {3) Tb. •oancs •20(•"") 30(,;o) F . es, 1t$0{Jts0} S s<>"SS") 15o{150)

1'1¢. l ?OO(l ?00)

'4:8. Ceme.nt 4 " 8 8 L>i:b tonnes 1·1 •·1 4·5 14·9 F. ex •So 90 90 366

29. Re-fr:ICtories ~·. 6(rl S(t) l 12(2) Tb. (001]($ 6S(Z> 15J-;60) 10Z 5'2:1 (Sc) F. es, 31\16) ::.oo(75) n.a . !.51 (91)

No _,

30. Insulatcrs, L. T. & H.T. 4 3 x .... Th. ........ 4•7 4·2 1·9 10·3 F. ex t5o 8' 16 rl;c

Jl. Pulp, rayon gt:lde. No. " t{t~ 3 ll~ Th. tonne. S2 6«,&J 112 (6o

F. ex. 1034 6So(6SO) ;634 (650)

)2. Other pto:lucts No. i!l(J} 16(1) 17(1~ 4 56(5) 1'. ex. 62s(r.s&) 688(L) m(l. 19 2'31(1S8)

GRAh'D "l''OTAL No. 69(12) 69(17) 72(16) 4 C-)1712) 251(47) I'. ex. ~1097) to68.lC3344) 5;42(2849) ~) 85j((;>) "3""9(G6SZ)

@Foeo.nc JicCnct only., capacity er <itber NO tlOl a~ble. ~QC ene UQ:sxe Only.

-o liot:.IlCd ooly. +Bo!h 1953.

other •••Unkcd with pr<>lac:ts.

Sb.1.tce.'J: Uoont)inlOAdvisc-i·~ ~1,nlsuyuf Iudtlilcy. •1~.:tu\ting rclctUc-!I' by CG "r~Ktlle Sub-Commlnce.sinr:e AptH 1963 111nd adf~oc.

C<)mmittec.

Gr~ild Tot>! ~;-81 jyJ ·67

1, U.S.A. 17o·o6 107·00

• Wen (;crmany 17·60 tu·<Sz 3 o.x. r.1·40 u·58 ~ 'aran 40·8~ 19•ti9

s J1nrnc:e , 43•78 13·67 6 Bcl~lum 6·99 3•8!

' 0111\11 c in s· 14 1•93 8 Au•tr1a :J.•Of t·•s 9 !il>llond 7•46 s-er

JO lraly l t •41 6·46 l1 Sw.1~1lan'1 7•11 5·39 .. Dcn.111111'~ I· ao 0·67

13 ~\vcdrn O· S5

Su;, .. u'itil.l t to 13 3a8·llo ll)t)' IS ,. PQl\>"d , 0•74 0•74 ,, Yu;o1l~vlt.' 1·~4 5.95 16. IlWl!l'l'Y 1·•7 I' :11 17 Ci;tchOSlt'tviakiia O• S4

~Ub .. tOCtl 1.~ 10 l7 re- 19 1·96

18 Rupe-~ PM.}'m11n t 38·07 t8•7l

19 1 l'C/I Cl Cl t~J·•3 5)•t0

20 l<'t¢c tC"tOUl'CC:S 4·6• 3·o8 21. JOI\ v·,1 o·8• ----- ---

Sub-·ou~I 18 to 21 166·r6 13·69 .. .li.11.~0rl e;1rning1 31t1 1•38

23 ST!,; IW< 3 · se a·77

Sub-lot.el l2. + 21 1·•7 4•15

24. t.'0tc1l'n sh.ate capuo1 80•4$ ,,.,, as LUii.Oii Dom prinolp"ls 4i'31 •8··11 26 c.0.1?.C. 11 •69 6·09 27 IFC wa,bington li·7~ 1•49

28 Deferred 11;iym.ctlus ~2·6t> 11!:•70 ---·

Sub·t<><•l •4 l<»S 174·~3 lCS• 74

(Rs. cror.,,) TAllL• 31:-CGC Rtleam in Third l'lanby Saorc.s•

72

73

TAUU! 35-CGC RdMus in 11ritd Plan byY"'rt (RK, CtOfCS)

Year Approved LJccn,r.d

UrJ.cd tOtaJ 6~7·$3 39s-6r

1961~Gz, 158·64 134·~ 1902-63 133•)5 10.3. 69-' 1963-6• 2?7 .. (;8 J 11·87

196.1-6s tt4•74 3••29 1965~ '.7l'42 8·-18

• TAULU 36-CGC Rclfao<1 April 19~1-Sty,tot1,r isf.ii fs J1.dJ1j1rfr.,•

(Lu. ~om)

Of which ln~llh<ry T-01•1 -----

lTOttlgn L•1t~1l Rupee Def«· STC 1.lnk Ft•• & ii,hi:\ll; ft'):i,ti· PO)'• r1 d & Ex~~11 t$ lflA

CApifo.l [utiont mert P•Y· &Prin- mcnL cloo.h'

A Towl lie.nm! )22·9• 46·06 69•09 1s·o4 14· 19 4•12 3·69'

n Tomi •ppr-Ov<d SS9'42 67·96 J47·S1 2S'•l4 20·81 O·C9 5·12:

Of D: 1. Aut"OmObilc* • 77'47 ~·36 IO·S> J•20 0•18 o·69 3, lll(fCl(.5 0•77 O•IS 0•1t 0•2.J 0•04 0•05 3, Elcc<rlcoJ* •1·53 ,.,, JI l.J •·s6 o·•6 O•l? "'"'' 4. bniineorlng • 69-13 S·96 21·93 6•9J 0·04 1•13 •·27 s. 1 leavy clcctrlcnl3 3·56 1•37 0•26 1•0M O•IO e- C)(!

G. ''"" & Stcol • 9l·•8 10°96 37•47 3•34 I• St T•07 0•29 7, 01.ller mt-tA.11 28•6T 2·01 .c:a·~i 0•07 I• 16 0·21

8. CCLttCOC 11•17 O•J(i s·S• "'"° O•(IS 0'40

• 9. Ceramics 3·56 0•29 1•81 1•30

10. C' .• hcmi.c;aalo !)0•2.f 13. !' 19•03 0·9s ~·40 0·•6 o•So - L.C. GJ0&5 6·69 1·77 T•87 0•18

u. lndustri.i}gQ)(!S ~·90 O·~l a- '!I 0·91 .. e-er 13, l'>IP<t&pulp 32·69 2·21 6·60 2•59 0·03 0·1s

1+ Rdract<'ly ,.?? r-or 0•20 15. Kuhbcr r1.·o8 s·,1 4·09 0•38 0•06 O·OJ

16. Ct>ttO'i'l tc~. upto ~\ar~h, 1963 2~·97 .2'25 10·30 lf05 0·26

17, N('lnOi)tf'\'\n lCX. 39•00 4•12 5·3S 2·19 l·OS O•tO·

18, lv\1sO!)lliJ'\C<ttlS- 16•58 2·33 6•12 0•96 O·ZJ 1·00 0•43'

•As correetod upto Ja.nu:s.ry IZ, 1965. Figure~ incl\1d.e amounts oO waiting, list.

R D D A

D A A R t>

A

R I~ A s I) 0 R R D R

D R R

R

l{e1toi:~m • • M.P. Chqnrlcals & l'«ts KanoQ:a Cllintical

ue,

/UlOY4. CODJ>tr b- oods & tub .. tS>ti3 1ntli~t'I smeJdna

..\lu.1nlnlum coppu rod• 196 r loiirlo l\w•lJor . • r91'\a n11. (Unl\•er11nl C:i.blcs)

Do. Alutnlnlum foll ~11d aheo1•

19Go Gcne.1Al1 oJu,tl'hd $1)rnit'n11.ll Moina Ctntnll tndufttial

t9S3 D<'I, , • ri>(4 ue.

Do. Do. •?6s ue, Do. oo.

196G Do

AlwnlWu.m 11t:rlp• & 1b"•t1 1(1~6 Cnd(an Smel•l•'.I

Atb~toa t!>G$ ftyJctat1G~l A)1J~11 l0i

llearloJt, bllU & roller '\J'1 N.i1luu11JBea.rtng~ •

bo . , . . JO Si Nutitlha1 Bl\gg. (lncludh41 axle boxcll) .t96J S. C . .Ncvutj:a , , , , • • 96.1 Do. • • , • .

Beazene dodc~yJ ro6a OUdh Su;nr , , 1!,)64 M. P~ Chem.. & Per(,

BonZe.tu~ hcxachJodde

ACSR &:. alu.mlnium. ~onductore ~9<i• t)11ir~t1alCablcl:' •

Dhnrar Ooenneeee • , , • S\1raJtball Mohw (.>a.lumfniun1 Bhatar) N.S. Rlnshl (AJutrunJum Conductor• !Ind

Ancil111rictt). 1(1 H (hnh1hi

R R R A

D TO

70 N

N N N N N

77

200 N

100 66 N N 81 N N N N

(Rs. bkhs)

WD

lYP UP

MH M.B

WB Rll RJI MH Mlt

Ml-I

Wll WU \~D \'(' Jj UP U.l' UP UP ff~ Ul"

Ml' \\:Ill N

MP OJ WB VI' Ml'

Stace Investment Dlsposal

Applicant PrOduct

Solec.."t Lies. of Bl~la ApplicGtloua COl' lnduattial LiCcoccs b'y Product•

74

STATEMF.NT A

75.

TOtal Product Applic;ant

State 1 nvesunent IJJ.posal

(Rii. lal<h•)

Boiler& 1969 Hif'I!.\ (h'i'ii.liOr WB l\ R

e ... ;,1n bpf":I' t!)61 CIMMCO MP N A

OriO:lt Steel ws N A BTOCha

196~ ln{li~n Broch.:~ & h)C'>llJ PR 35 A <;ab1o• & \VlrH

L~S1 ,(ntJian. S;ncklns: . Rihllr 3~? A X939 l!lcarie C(,ri1tru1.:CPD W3 3 ,, r9(,o Orient Steel Wll ~ I\

tnUla.n Smqlti1'\~ Mli t(iQ 'R J)f), Mil JIO f; '0"" 1 lnlvcn<.i C.ibks ('l'hcrmopl>>tfcl . M~ ~

T06l 1.)0. (V[R, l'VO. l'U.) Ml' N ·~ 01'. (Tl') . Ml' 15 A t961 Do. Ml' ~o /I

J)o, MP 6 A oe, ~11' •$ ~ 1965 Unl•<I'"''' Cubk-. Ml' )'I 'D~•. MP N ll

196(; 1\run Ooncrul(Pf~ w~ '33 R.

Wln!llng 1y~4 P.lc1.1. Constn, . WR ' ~ tJolvcrJ111 Otblrs Ml' 12

On. o\11, re It

Wlruod1 1961 Hyd.,,.b'l<I A11"'11JI Al' N 1)

Do, Al' ~(6o: 'R Aludl!"lthcd

1963 oetem '-"'lrc WO " R.

Ca.tclum Cn.rbidci r957 BlrlaJu.lc MP 40 R <958 Sicl:r Pia~t : N •• R - J9G6 Ilir jut> • \Vii so A

Cart>an black 1950 ~CllOl'Arn AS •9 l)

1)0. AS N l)

1961 Kanoria Gi!'ncnt1 L>Calcrs._: .MH 140 R MooJu.s.h-rce Ml-! 100 R Kesoram AS 100 R

1962 Kttv't.l.01 N N R

Carpets tufted 19G:t Uirlo Ju1c: N N R

Gellerru Ir.dustrLal • {re1cn1cd foe handlooms)

·~4 DLH 1~

A Dill• Jute • R Sheee Df;ii•v Woo~ea iii.-' SS R Gene:nl ibte Dealers 43 R

1966 lodian Plani~. MH N R

76

Total PIQtJuct ;-\pplie1nt

St:1.t.e fnve•tm~nl Oi~pos~I

(RT.l•kbi) -t::arpeu '\'oollert

196; mrtaJutc \VB N D Cn.rbon brua,hca& clccttodca

1962 Emsti.'.lcu ludht Servft.-r:'I &: Mllrkcllng Blhar 70 R rCattl.op sceeJ,& M. t,

1?(o0 <:TMMt;O • 1\1\P })' A 1961 B. R. He:mru~lc Moha11a , Mli D 1962 !nuian S111<hing (M.J.) • MIT 35 R 19114 c.r. eo..i. . • • Wll

~ R

Mriha\1{r ·1ncl\111crles MR K Nu• th fti~~1 $\1~ut: \VB N R

19'ls Oriene \'(1lrc • \V'l N R TndliHt ~111~lr1n~ MIT 13 A Oricnr- \~irt . \VU N R

Cnu•th: ~~h\ ry,y O:niuB'. M~l l41 R 190Q ~. Mil 195 A

P1-H h~li!:JVI \) (K4'1jLl1'l~; CJ.1c:-~1i<.t1b.) \VI) roo A l<a1\(11 a , • • • OS r8o It C'.tnh11,y. M11 '~ T> O!niUI')' &U• D t.:enturv. MTI 105 ,, 01•lt11t • i\11) 70 A Kc.~°'rccn Wll 2(>0 A 19(11 J1uknn1ch•M hit• Ml' J:>O It ""· . 1\.11' ~20 I( l\~uwr~ Chcmic:a.lA • Ul1 .... )). C\\"Glj(lr R'.ay<•n

JulO l~I aro I) Muliu\mchua.tl •' :l' 7> A

1962 (h'Jlilt4...•t R(l/~\U ,\1_1' ~

t( Do 1(1 .. R Kewrurn fl~ N R Jiyojtcrt>O ~ ll

1963 K1.:1'0runl Wt! N K 1964 J l)'llkoroo '. U1hllr N R CC111u1y. • Mll N R <Jwalic.r b'!on Kl. N R J i~•O.je11'M<• • , Dl~r !'( R Kannrln t '<l>'\IB l\11 r.lt 1' R

1965 Ji)·\l,Jcerito lllhn.11 N I) Dv. JJlhor '3l g lf,\.tdlor Rn)·ol\ :.Iw 1¢0 J i)''1JC.C-l'llt'I • N D Gwrilfor lt.'l~'On .'"11' Sf-I A UhlH1.tCt;nnmcr<e MP R Jiyaico(lio lvlP N D 1966 Century, Mil N 11 Jiyajcctllt'l J\ihur N R Do. Bihar N R <:dlulo1111 Film•

196o Ke&OM~ Wll 9• R Cement

19()<> Bi1l~jutc MP N A 1961 Birtn Gwalior • '. : Uf ras A. B. I<>.noriu (Adltya O:mi:nt) 1{ ·~ R

Kmori11 General Dealers • OS D .t\r\':i.YQ.Clll • Madm N D Birlo Gw;a!ior MP N D

77

T ... l Produ<t Applicanc StAta Iovesuncnt Di•JXI'~ -- ~·-lakh<)

•96~ l{an()ria Ge1tcre1 Denle:-s (Sfai:t) OS N R Shree DijlVija)' WoQll~n • W" N R

·~3 t find. lnve$t. Corpr. N R po. MH N A

1964 ~ir{fl JnrQ • Ml' N R )find Con'.\tn. l]P t70 A.

llltl• Jute MP '7~ A On. MP 175 :\

'9~5 Kesorom Blt'i•r 1"° 1\ K. I .. Ch]fani 1\>l111"I 17' A lllrla Jmo ~li\ilt ~?1 A Kt:'Sut\lll\ •

D Ou1.lh Sug4lt • : MP 'U A Upp1Sr Oansc:~ S11t'!lr filhor II Oudh Su.gin· • N Lt

Do. , • ~ •7S ~ Unrcr Gtn~c~ Su11>1 '?1 ·~ O~dh Sus,-:u . , Ml' A

Uluu~T C(1mmtr1.'C ('Jug) Ml' N R Uu. , Ml' N R

Ni:W $\\'tldc•b tll iJ I)

ll!nd. Inv, Corpn. Mil D

Clopol~butA<ll•M •%! ll~I• Owwllor 01 N u

Coal ciarbonllicuJon ,')O:;i J)lk~u\:1 ~1Hf'l'ICNi"l Ml' •?6 0

U?u1nu. t:...11111n,t1"<c: Mii 400 l< 11)43 Uibner Ct.'lmm4•rril\l • MY a76 .0

"' Coal mt1c:h1ncry .1962 l-Jl1\J\lt.tA1\ J)•\1'¢lbf11'n(!ll'\r N N A

c.>ko,ool't 196.-1 f\b~tut Cc.~m.._r .. -v .\oil> 400 II

Cotton Luxdl~ 19s7 New Sw.W.clhl MH N A

• Ow1itll"r R.ltyvu ' MP N A qcncn1l [iil;'lt.: .Ocalc:r'l \JI' N A.

·~s~ Ne-N s~·b.dcnitl ~ N A. .... Ort.nt St~I *'

A Burh•npnr • W/;I 0

'9$9 G waller Rily on MP N R

t960 B.K:incti:a )lJ ~

0,A Do

~r D,R

M. n, Druml• N D,o\ ~y:ajccr11.o • N 11

cw $\-Yl'd,cit.hi 11 A Y:ntury, MH 29 A Rurb1mp\1t WB ti ... Kct;.(>r:un \'UB ~ A Ja:i;httt Texrifcs. . \Vil ~ II Bhittl J<~la l~hBndat AS N ~ Bbattlt Commerce WB 110

no. Ml' at R l'adn1B\11.tl fui,jc GJ •1 R Kes.omm Dibar 7S R 8b:u-a( N:wht Bilao.la~ \VB 7S R

78

J'roduct APPiicant To<al &-:a~~ Investmcnr Tii$potal

(K~. lakbs) 1961 Bharat CommcrF., l'J,1 N w l!rulern General PB N w Rirla Cc,tton PR N \V Shree Hh.al\'ani T'B N w Ke!!nT'!lm C~)ttrin 1>n N w New GqJnnrt . 0 " A .fi)titjc~nm , ,

~' N A Otic.nt !lt«-l &. Wire. N D Rurhn.npur T.tpti . MP N A 1962 ffjrJn C.01tnn

~~ N' R l<Jn~"'l!: ou1'18.M1 T•n N 0 Suth:f ,otto:n , , Biaar N D lllrla 'i'<<h. r..... . PO N 0 Ar)')'1VA.rta lodu,.tdc~ rn N D ue, rn N D snr:e Dh:nv~ni : Pll N D n ner Com..n1eteiAI I'll N )> Padmll\llUI l~Jije OJ N I)> Jllrlll Cnno~ • MP N R tlluuu1 ommeece MY N J)· c.7oiry. . MH N p Dir 11 Corton . OS N R. A.ryt~rt11. lndu3tric$ OS N R ~ue & Gu.nnv Or..,kOtS RJ N I{ .Q, Cuncrhvnl~ •

~B N ~ (ieoerul lndustrkd . N K~On1"1; \Vll N R Hlrh1 C<>txon 1Jl' N 0 1\run 0Cllt11l$I ln> N n 0. 0. KCJt~arl UI' N 1) ~1r-l.t Cotton . JK N A 196) f'lhl!rtlt Ko.lo OhK:'ldor AS N n 196.1 New $\v~dochl Gf I~ 0 •5165 l)n o: N o- l'•d1u•v11tl •~•Jc )llluu N 11. ;>. K. J.:•norln RihAt' N !) M!tr~Ull,Jt~O' GJ N A S. f'- Ka11C11ln, Biltot N I) N¢\V Sw1.i.lt:11hi & N I) no. D A J•v Sh= •r.,.111co N A 1966 Rlrl~Ju<c • \'llH N R

Crsane1 •963 Eleclric Coretn. Wll 35 R 1965 M,,._tem Indi~ Conein. WR s A

Crao.. l!.0.1'. ·~· R. R. Hermann Moluu,tu N N A. •963 Modern fnrlirt Ccustn. WU N A !!lee. ~sen. . WB N D 1964 Wll 3S A Cryolltc

r963 New Swadcshl Millo GJ N R Hind Aluminium UP N R Xan,ocia Brm. : . . • RJ N' A n~1; • (with sutphwic ncid, ~upcrphca- ,rtwtc) • • • ) . 1.IP N D Hfudl A1um.iniu.m ( ,n_lll flcn1ri1c , UP N A r9~ J•)'!hr~c ~tol• & Feee, WB N A

79 ---- --

Tot•l 1·,~~"'" 1\op;i:-1P1f s.,,rc [11ve1tnc1l T)!v1~osnl

I

Otter~cntJ;o synthetic (R~. Jol;hs)

195o Kui;urn Products wa 4 A ri)62 ncru on Mll 10 R

TuulsUbl41-Jra AT' JO R 1¢4 Oii=r•r OD GJ N It

01 .... •II"· 1964 Yock lndi3 PB 3S A •

Drup 1960 M•ju>hrce AS 0

Earth movi"r equlprneot

1956 Te1nJ1J1.11 WO N 0 llin.J Ml.lot(U'1' WR N D

1961 l'Hnd Motart Wll N A 196; n.,1. Wll N(~oo) R

Blectrtc ccnerator• 1959 'Hle:uic; ooa.vUl, WU B I\

•96• E"· . . Wll ., ~ 196, )<). • • Wll J) A

Do. • ~y 12 ~ P~. 12

Do. Wll N R

J!lect~lc lomps •96$ !!Jee. C11n.>eruo~<•o ro N :\

J.'UcCtl'lc mctcrtt

1961 lllcctric Corut11. \VII )-! 0

mec·uJe ..Car14'-r•

t~~~ Jlle1.o1:ic: Co1viu1.. Wll • R l'.IC $01100 • WO N D 13leetti¢ Cooibl. Wll ~ I)

1)0. WB • A .. El~oulc valve$ 19sB Sirls Bros, (mdlo) MH 6o D

Do. Mll 73 0

Et.by1 chloxJde. 1965 G.D. IWU..ri MH :?-: R

Fabrlc.e, eea-woven

1963 Nc\\1 Swttle.ll.bl UP r R •96s Do. • GJ A

Ferro chrome 1962 lndi11n Srnelti.ng: OS IJ3 D

OS -.13 D

lndumy-6

80

P.rudw.:1. .~ppUcanr SUtte 1·otaJ Dis po.at lnYe$ttncnt

(Rs. W<h•) Fcn:lllocr

1959 Saurasbtra cecmicals (Superpbo1pba10) • MH 5 R Klof!'Jcy Go s;b•• -re• . • • • WIS 40 u

196• Btt.stei:n GcncnJ,3:dJ:B.O Fem.&: Cbemk:als) uP •• \V Kingsley Gola r Tc& (<tip!• IUl)crpbm•

N N /}14«) . . . R 11)65 osonm (&upcrpboophnre) OS N

Ftbrc: SM«1, Vu1caaoee

•'i6S S.R. Mapdclia WB ,0 R Do. . • WB N D

Flleo, Steel 1965 Hindustan O.s WD >O

r:,oor tllct t 965 Ii iralall Somany W.B 5~ \

Forglnt11

1964 Z.nitl> Stoel • MH ~

I\ J:iln<I nn·wldat Toola l'B I 0 t.1,1.11-'fr'.(\ • MP N R Hin~ I >owid" Tooh PB

~ A.

Mtnlll$~1'CC W8 D M•niuah.rcc UP 6.t I\ ·rc;O"tlaCO wn 80 A CIMMCO MP 180 I\

P"-r•ttiti!ri 1958 'l'cunaco \VB N I\

Do .• MP N n Orient Steel W.B N D

19~s Modern l'lldia CoiutD. WB N A Gear eunttt

I 91S(i V.N. Ncvalia MR 40 A

Glue llbro m1t1 196:1 Birt. Gwalior DLHJWB so p ...

Gl...,p!ale

T9(jl. Q.O. Kothari AP u D Do. AP R 1963 Do. DLH N D

Do. AP N A Gri.ndlag wheel•

1962 Oricot S•c<I (RajgarhiaS OSSOciarcd with BirlaS not iuadc any Pr<>il<~ .u •lh•r LI=ccs)

Gwnauar 1.9G.t. Riodustw.1 Gum PB •• A

Do. PB .u D

81

Pm duct APPi cam State Total DisJ'O$al Io vestment

Uolora electric r963 Modern 11141• Constn, WB z6 A

CIMMCO MP N R •966 Mababi< Iodusrries l'll '"' A

Bohtit., H'.)'ilrt.tu.11.c •9G3 Hyd<rab>d t\llWyn AP 35 A

ladt.i•tr1o1 e...,1os1v" • 1963 Dik~ocr CQffimCt<:ial N N D Po. Bihur N R Do, MltdrAll 72 D Do, UP 4t 0

lmduai:1;9la1 n•c• 1960 llindmt11.n GAii (cvxygcn) Wit 28 A

Sun1jmnl1 Mnht0 . DJ..H H D 1961 Do. . . . • DLH 35 " Ilirl• Ju•• (~C:Ct)'lcnc) • WB 7 ,1

Do. ~Oll'scn) . . Wll 3 A .1:!a$CCtn '<tuiprn,t::Qt :SC S111te1 NI a7 'R Jo;tindt1SUl.il ()iUI • • WB 40 R

no. (CO'' MK •6 ~ )'.)Q, • OS ,6 196~ Buri.an l!qltlrnlsir1t . . • M111dr1111 ., A 4!)63 Ilind,JJ~ll ~'JQ>'3cn, Nirrosen, arg()I)) WTI

~ A

1~6(1 MJndu11t1:to \U , • • • tJP A T>o. Modrea N R

lad-...;trhtl machinery 1958 ClMMCO ~p ~

A 196.1 llirl• Broo. odr., !\. 196~ Tcxn:•CO WB N j)

Lo.1e:c1Jcldc11 1962 M.J'. Chem. & Fort. Ml' 114 R

l.utru.ments 19<io Moa<ru India Consm. (me41udng) WB 12 D 196.j Do. (Scicntillc rocc11) . Wli

~ D

1965 Do. (in<luitrl•I . , • WB II. 1966 Ahlu !rutt. or Todt. (.'1!1e11rch) . aihar •7 ....

lroa, l'lg

1961 Bid• Gwalior (1 lal:b tons) MR/Al' ~o A 1963 Hlnd. Inv. Corpn. • . we R 1964 l!ida Gw.:lior • Blhar 900 A.

Du. Mll N R

J•to teJrti.Jcs, aplndle1 and Jooma. t§ti'A Arun Tcstilct AI' N 0 196a Hii la J utc WB N R

G<>u <WI pw • WB N R [email protected] WB N R .SoorW WB N R BollY WB N R Arun GcDcrat N N R

8~

l'ro<\uct At\pllc:cmc Sftltc Tot"1 Dioposal Investment

(R•. ls.klls) Lectic acid

11J6Z. Basrern Equiplhe.lr VP (3 D Lilts

,,6'a EJ.:.~cdc; O>n11t.u. WB ,, D r963 01). WU 17 i\ i96.f Do. WB N R <965 Do. WD r3 i\ Locowutfvec dlo9e)

19.sJl Cl MMCO Ml' ~~

T{ 19(.0 ·1·F.X"'1ACO ws 0 NttdunoJ Htigy, R/ ·~ )) t9G1 TeJQ:nucu WA R Nor. li"Rr RI '!'>! R MocbJno roots

I~5~ Tcxmat<> (T41h••J W1l 10 D Vo .• Wll ij •\ OIMMCO Ml' A ·~'~ nr,d•ro~;iJ /\Uwyn Al> I\ 1962 fi 1.d. ,\.1.1>rors N N R 19fl:,J nJ111.rAt O'li111nCrw MP l~O A Ji inU. Mo:ors WU N D lnetrunu~att. au.tnmQbffo•

196~ '-Wt.lorn fndia Cn11~11n, ~~ 17 R I ~6.4 flll\l a.. , , . 16 A "l'C•T1\ftr1• (f'.llp!lti.111 lat.bot \VB ~6 A WCtlt:tH lndJo M11cl':1nc OOllt MH •1 I\ l:ldur.r1 JaJ 1)J:1nrs (t:t-nttnl UtfhC!t) \\?II ~i A 1905 Hind. Mcunn • ,Pl) A Tcxmn<:o (o»P>Clll lOLh .. ) WB w D c1.~co (1nlllinc) .1>11'

M•tn•tt, p•rrunac-nt t!)SA Ilul\."tfl J!~J)(IJCJ)l WR 18 I{

&:1l Cuin1 nterprlseg \VD IS I{ MAt<-MAOu F1M•i"' & YARi<

A.,.yUc 1961 Mo.nJU¥~C /\S ?HJ A 19~4 Do. \VJ; 10 A

C.proJacrnm 1960 O:nmri• • Mil •7• D <961 Do, M}I N R

FJta~eur yarn 196J Eastern Equipownc . \VB 12 R 1962 i\di1ya Tcxdl es (acctato) N N R 1964 Sir1JJ1t(.,;0<11«i . Al' N A

Nyl.,.. 1959 Ceu•.ury MH •oo D oo. MB soo A oe, MH N J\ Du. (fibre) MH 150 A

,83

'J>1oduL't APPllcom S1~ro Tatol Di~JlOS!ll lnvt"Srnent

(R;•. l:ilch•) Po1y4m:idc

r963 G\\r;:ihur Rayon MP N R Polfetter

19~.1 K0<owm WJl N R Cc~\lry , Mil 85 R 196s K.e11n.r.am WR N R Cco1q1y GJ N R P<11f,O<ttilc Plbl'u

•?64 J;.<.c11.,ram • Wii \:} R GY,t.1tll(1r ,Ruyon Ml> R t\1.111 )'tJ Miila ~H

N R .... 1{. ;l{lH•rh !( R Polyprop)llene

196' Ccnourv , A~ rt N ? Ulilo l!l'Ot. , Mii N D HukQmchonu J1uc Ml! N n r,.:cr1u'y • l>tfl N R H1rlA l ~N1;:i. 1' .I N R Ftu~ouu ... hw:tJ J~lc MH N R :Poltvlnvl •lcobol llb""

1964 K r.s<>ram WI! N R gcr11u v 8f N R J~6! .,n1ury N D Kcu.>rl.llfl \lC'.10 N D R•)l'on

~95? U\1rh111rur TaJ')tl /\iJ' 1" /\ 1'9~Q Century • Mii N A t9 5 I'~ MA A A Rayon tyro tord

1059 Centu y . .Mii 200 A J<.,.~Ut-11111 WIJ :30 R 196o ¢entu1y , MH 300 R t9(h Ce11rnry Mft N h )CU'<t)f)rm \VFI N(,40) R (:Crtuty MH N R 1964 !Jn, Ml! N A St3plc Jlibro& y~rn

19.slil O\\'AlftJf Rny~lfl • Ml' N .. 196o Ce" tury (\'i.!10011• fibre) MH 10 R ()\vnHor Racfu'.n Ml' ("'° R. Jq62 Ge .. ~rQJ In ui.trial N N R P :1'1. 11 o ncta • N N R Hllllrtlt Cbn1m~o N 'N R l}i1 lu Jute • : N ~ R S.C. Neveue \vi:ocoaG) N N R 0\v.afior 'R.9yon • MH ~ R 1964 Kh1rtl:l ("pi'ntf\C..CC .MH N R, Do •. MB 'N R llirlo Jute • Wll N J1. •96s Bharat -Commerce MB ·~ D

84-

oduct Applicant State Total Dispoo.i Inw&tment

(Rs. lakh.,

Met.hanol r961 t(ing.1ey Goll(bat Tea (rOI111aldcllydc) GJ N w

Msr.jw.hree (aca:ylcne) . . . A.S l34U I'>

Meth7l Me1baorylatc 1964 M.P. Ch•m, & Fe·ri. MH N D

Mouldin; 1~owd.cr

1958 J11\Han r1•11tiC1J MH N A 196P Surajn:u~U Mohta Wll

~ R

· tndl1u1 p:,.,ric11 MH A , g6• Suroi~ll Mobto (MOhta GJ1cmica.ls) WB 40 R 1965 Tndia l'los<ira(formllldch,de) , MH'. N R

Do. . • • Mii ?1 I\ i'.)(>, (lormaldtbyae) GJ D

19~6 Do. (fiimi•ldchydc)

MIL '~ A Oo. Mll N n

P.perdoue 1960 OrlenL WB 90 t>

Po. ;« 90 R Slrpur QO I\

ploenol t9Gl North 8U\~r Sul}tlr AS Ro It

Pl>o•ph""c 8'!1<1 •9<°'4 K~uorl• Ch<lmlcall • Wll N A

P').otpbnrau1 o•ntom.lclc 1¢'> R.L. l•ioo . · WB N 0

l(ano,ria Gen.. Dealcrt . . . . wa N 0 JU. Jaioo . .,)., . . • . WB 10 R .Kanorl• Otncral D rt (Pbo1p~ India) WB !O R

Phocosnithl• oqulpmOllt 1¢0 Birlt Gyiulloi· ~ Us 0

l'Jaobosr•pb.lc P•l'l"" 1961 Dirla Gwalior • MP 43 D

Pol)'Yi.a11 chlorl.4• 1961 .Menjushrc.c AS

~ R

1966 Ccnwry (foil) MH D

PdaallC acid ~ .W.rdrld• 1961 Biastctn Oen.er.al wn 1S D

Pill!'> poper 19S7 Orient . · • · MP roo A 1g6t Bi;lll Gwalior (ncw,priDc also) MadtU N R

Do. Ml"\>IO N R I)o. Andhro N R

1965 Ea•I= Iiidia sernce's MP N D

8$

p""""' Appllcut Sttte- To'd Plspoul Jnvell'tn\cnt

(R.•.~}

fll''l1ip, nfOD ...... 1958 Gwalior Rayon: MP l"" A •?60 O..olior Ra.Jon MP

~ A

1961 Mtniuaiu- A$ A Kl"!l(lnlm

~ ee D no. 6o R

Ccnrury . MH S9 n Do. Mii S9 'R.

' Nlcric Kid 1966 IGna>lcY Golqhtt Tc> L'l' N R

Pape.r 19$7 Siiput . W!l i~ I)

Oncnt . mi D 1,9,S Orient , , . 100 R •?60 Si~ur • , • AP

~ D

•?63 llir • G1wll~r ( ~ pulp) l\(P R Orient • . . N 1$ ~ ~irrur , . . N

19<14 irpur , . • N :! A llMiorn Indl• Senioe1 MP D

19~$ tlrient • • • MP 40 A l'aper, ••II ophooo

19$9 Gw•ll~r 1lay0n • MP 300 ... Ccnrnry • , MH ""' .. Cenn1r)' . Mil N A

,('apt:l'• filmt 1963 K11J1Ur~1 Udyoa \VO 13 A

Paper, kraft •963 Gwalior Rayon KL N I\

P•pu, aewsprlnt 19;9 Slr~ur • MH 200 D

Bir• O..•lior MH 300 D s1reur . M 200 R

i.9(11 lU.t ·1 Gwalior mi N J) l!/6) 1)u. 1::ci9 A - "- ... , pJastk coated •9S1 Orient Pai>cr WI! N R

,._, ptlfttlosr .... writl••

1957 Sirpur • WB N R 1958 Sirput . "'" "' •R 1959 ~arta we •S D '?60 . WB 20 A Orieni : WB 150 A

Do. OS ljO J) SirJ>ur (wNppuia) WB 400 D

J963 Gwalior Rayuu MP N 0 t!1<4 Do. . • MP 75• R J~ Ccmrury • , UP 755 0 Gwalior R..yon MP 1000 D

lCesoram AS r6oo 0

86 ---

PkiJ.\lCl ".ppUcaat State Tu111J Dbpural Jn\'C81l'lteilt

(ID. hlthl) Radlosete

1957 I odian Plastfcs MH N A 1¢5 D~. MH N D {~56 Do. MH N A

RaUway tquJpmeot

19'7 Elcc. Cl?nirn. ~oiling •t>ek, lnoQ!, •1911'1 wn N D cq1.1191nc:ul , • • •

.Railway wa,:rons 1957 1'0:11.fJnRJ lk11rin.s

~ N R

i964 crx MCO R N A 'l'Cl(Jl)•oo . odms N R

Rolls, ca1t: iron, alloy& ttcc1 1964 hu,:tusrrJ1l l)~U W1l '°" A

Ru.bb'°.r, vacuous 1~64 Rirl• C.wollor Ml-! R19 A

SAJ>Jw~wa,.. '961: 1\Jyav4lrt11 Wll N w

S:ua1tr1 4 •1110 C)'Cft•

1~ lllnd C~cl"' • • Mt-I N 0 1 II )'cm ild ADwyn • AP to D

llirl• Cotton (buto cycles 1l5Q) RI ~s Tl

Soop 19~ '1\uwlbhadra /oJ' N D

li<>U. ••h 1~0 J ly•it'c:nLO MJ) N R

Do. fil, I JOO J) Do. , . 100 A.

~.a11rr11r,htrft Che:m. Madmt N R Do. or :I° A lilianit Cc)mmc~c MH fl SOdlum h)'llro111lphJdo

196c Bh•fllt Kela B11aru:l1t> Wll 45 D Do. WB 4S R

So;.ha.Jn perbo ate t~ Koth•n . WJ) N R

Ste!-am& 1ru ru.rbo unita 1964 Blrla Bra.. . MH N R

37 - --- P'rodlJG tlpplklln1 St:ue T4tal Dlsposlll

lo\•esnnept

(Rs. Jakhs) Steei]. aUoy, tnol & special

111s1 Tlind M~tor< ( <•lllnll'! & fo1trinJts) Wll N A r~2 Mnnjll,$hree . . . UP >JS I Referred c llvL'\j (;() . MP N > IT) India ~mctring MH 1000 J C.l)lnet

1Si64 Sida Gwalior lllh.ar ~9S A lndha St'nch:ins MU .R Tt:~n11te.,J • • ,MH N R "'R.R. 1-f"'"'l't'IRnn Mohnta MH N R 1\<6s B.P. I(.nnotla MD N ,It M~niusbree WR N R Ztnit h Steel MH 120 A

Sut1 Sbtett1 t961 Orirnt St<cl W13

~ A

1965 Rirl:i Gwultot '.RihGt R Do. OS 450 A Stcol Bill«•

1y:,o Sunlm•U Mohta WO 40 A Sratu est 1tcel, lhfftt, etc. 1963 lndfnn Sm~1i'(i • • . . Mt! N R Bl.t-la O\\•alior ;ir.a. rods/ carbon ttlilo> BahiJr N ll 1964 lnOl•n Sniclrns . • • • . MH N

~ T<'-,.nt#t\:'-' , , • • • WB N Struelt1f'bl11

19)7 Nunl Mo10" WJI 100 A <.:JMMCO MF N A N•donal &M~· . Mil 9 A 1962 'l'cxmJCQ • • wn }1 A t964 .t\1Wcrn Tnd1i C"'..-.n"l1n. WU A Ze1~1h Steel . Mii "° A lluJpbu~lc acid

1917 Cl'.allu< l<•yon MP N A Ccntury Mil N A t~SY Uwallot Rayon Ml• I> A Ccnrury . Mll J6 A Hiudusum C"hll' w~ ~ A 1 90 r illat lodia Fct LIU11cr•' • • o~ ,.. w - Century · • • • • MH 15 R B•,ra.r' ()ii (super plL<>tphate ale(.)) MH ~~ ~ 'Tw1Qnhhodro (Dn) • • • Af' 38 But~ General . • . OS " R Hind, JnY~Lmtnl Corpn. {with zinc cit.-.) WO ~ D •964 KCS<>rom • • • • • WB s A 1-ljnd ~trueot COrpn. Wll >70 I)

Swltehca, lndJcatol'e

196$ MO<.l~tn. lnJJ.a Conarn, WB )7 A Tap~ l~Ou.nd thrC'ad

1~5 lndianTool M.J'i '" A Te1evi.•.ioo •e1•

1966 lrulia!'l P.Ja$-lics Mll N R

u

l'IOC!Uot hppll<ant Siatc Total Diopoool IA-r

(RS. bikhS)

'fIDen - t?6l l;lM"400 • MP 14 R

Hyd.,..bod Allwy1> AP 4S A

'fUdlll!ll p.ooooars' Cldpka.rd 8t bardb .. rd

1939 ~hrcc Tea"' . W.B so· A I 1 ~60 ooclor•ft l'l'oclucto • '\VB 6 A

{j)'&)vee "l'ea • WR 4R A .P. Sogt.r . . VP 4• A

Po:rtabJ)OK • • UP •s A 1~1 Punabl)<>rt (unoria Chem.) 'OP :>j A 1964 lt;•h«• 'I'~ • . • AS

~ 0

stcmRqurp. . . Ml' 'O 1?6l Uo. (l'Ar<icie) ~

)).0 A ne, N A 1at)li.rce 'Tea AS N A

o. . D"= N A A.run Cen~rol : UP ·~ A

11'1,..,oo<I '?$9 ~y1hrco ·rea • . W.6 jQ A

t (l(l(loraf19 l\11-<aJTI • AS • A 1960 WOOdcr•f"' l'rO<luc:u. WB N "' i!)d 1 jayatucc 'l'c;:p. WI! 5 A

l)o .. AS iJ R •?6• l)o .• bl R ·~63 l)n .. Andan\w1 Jf A 1?64 Do .. PD R

Do .. PB N I)

'rlAP'"''" .&~du l'u 1•••n•1 WB So D

Do. WB il<10)

0 196) N•r;nn.i l!nfl1l'. WB D

'fita.n111a. dJo.sldc •=: l:lj.J\d.l lnve1nrncnt Cotpu. KL 7~ D 1 l>o. • • KL 7' 0

~r-. -w. llpp•" 19'1} It>dia Tool • • MH N D 2964 Do. (ctm<DJ alntercd) MR ~ A

·r .. ~haad A 1mall 193& CIMMCQ • Ml' i' D 1959 Dboll?j!r Industrial DLH

~ 1964 S. S. •PUia • PO ~ ZeLUth S,c:d. . M}I A

~a Ki:ihor"9' UP ,, A

Towti.,T......,, ig.63 Bide Cctt<.>n DUI N " New Swedeahi GJ N h

Jlya).oeno MP N A t964 K"'°ram w:s N A

., Product Applipanr ~- ToCll Dilpooal

Ia'ftlUl10Dt

(!t!.IUba)

·r.racton 19(i1 Hind Motor§ .• W1l N (soo) n

OIMMCO (di•sel) MP 6o R 1'-:"eetot't, AtP:"JcultnNI

t961 CIMMCO .Ml' 'l1 R

' 1962 Oo • N R. 196.1 Hind Motor• WB 6$ R

1"rmtd'o•muo &: a..ttchpar l~ E!ectdc Comto. Wll N ... Jgdt Do. • • AP aNc1s) ...

Do.. PB ~o D l)o •• WB 4• ...

Birfsa <Ywa?lor : we N(394l R t963 £1.ect. Conn. ~ 'PB 30 A

•964 l)Q. s"""· MP 30 R Do. 1wltch) UP

~ R.

Bir!• Gw lot . WO R lll<ct. OJnsm. • Mp N R Untvtr1al lllcc1. UP 2 ,.. Bid• Cl1'fllk>< • we N R Sleet. Con•m. • WB N R

•96$ BlrlA Owalicr • UP .., D Do. • UP .., R

M. r •. Lakhotl• lll' 30 D l?.leculc Comr.o. l.:P f;i A

Do. '\1711 A 1~6 S11J• Gwullor WB N " uiect. Consu..udon \VB N R

'Cub .. A l'lpc1 1903 Z<nilb S1ecl MM N R

Alu.mlahtm 11.Uoy

1911.j lnd(•~ S neltlng MFI go l\

A.lumlah1m ,...,ld•d 1¢.4 Go.ntral lnd•r.ial UP N R

... 0.1. Spaa r96o 1Ct9oram Cot10a '!VB N A

TcJID""" • fl 'N " New Swed.,bi Mill• GJ 40 A. 196> Z'.qlltb Steel • N N R

(:U.m.hun .... 1 •964 Riah alloy s1 .. 1 MP N R

( ;alvu;_htd.

1961 Zenith Steel .M.ll N(40) R.

Jllttlnge, J!l.t.

1963 Zcohh St<d MH N R·

90 Broduc• Applicant Si rare Tot11~ Dl;,.pot:il

TO\'csrmeru

(Ri. lakhs) P.v.c.

J96t Ea,torn Equipo1cn WI) 17 R 1963 Du. W'll 9 A , Seamte11 i

1963 Zouith Stcol MH. •l!o n , Do Mil 2So A 196 < ~\OrAm • • WU 200 R .. Z¢nlth Sl~l'l Mf{ ~"" A Do .• Ml! ~ R •Sr:eet 1

tU!O K~omm WD 150 A ·rcxnw.ol) WB 2<» A Wcc1dccl 1

1960 S.0. Nevuun , MH •5 A 'l'rxmA~ , WI.I qOO A tQ62 M•donal lloq. AS 4S \'V Twitt J)rUI• 1

1<><1i rn1.U11• ToJnl!t MH lj A J.tJ65 Dis Li. fntttilut.: uf1·cchnology Dllwr R ,r)YJ>Ow1'it<'rt i

rv61 Unlv~:ll Ccnc:n1I Aaenc~lt:f\ ~II lO 11 1~65 Do. . . • I'll {:} A •9~~ ,,<inn Dhlrlbuturs MH R U<" • Mil N R 'lYll•s & 'I 'tars I Autot

19.So Ur11v1:"ljol 'fyrcs wn j$0 B 1961 Do •• UP N(17~) l)o, WB/Ul'/ N D l'U SUn1Jm11ll Molira WB M R 196~ Unh-ersul T.Yt<s \VS N I\ Uo. GJ N A

BIC)'CIOll:

196~ New S\V1,1J.r,lllli ~

N D r96'3 Do. . . .18 11 t9M &lril.jm.:1UMoht.:1 we -:'/ " 1 pt;5 Uni· .. t-.r!lllt Tyrcs(lub('1) ? 1'{ A Vinyl Asbestos 1

•905 l.udiat1L1ooteum \VJ.I n A VJ.ac-o$c Trao&paxentfil1n :

T9j7 G.,,o(.:(',' ff11)un Ml' yi D

A11'1J1:u Pr11llc\h Al,run Delhi OujJn11 llln1mu aod l\Q!l.hmlt J{~nal11 MOdlly• Pc&JcRh MW1M1·1dbtr-• Qrl.wsu l'~njub l(oj,i•~IJIQ Ullotr Pntdcsh We.tBcngal

~OIC · r'se ·11).1v~ 'CllX:t (iio exelU~IOA !lt'lt'llicatl018 ll)t{ their Jtr;p\')11.is.l r{lr ltOm'l OJ) lht- 1 ct: 1icon11""·s:t ll~r t.l announc.'O.'I (011 l'r<.l"~~nivcly restrict~) from one JtAlf­ ~1,;Jr (\J uncdter.

t!onr : N-l"\)! d\'41 Iahtc, 1~11i111tc' In p .. roor.hc~c:ii ~1\ tJlJtt CQlum;'I uJ(UlnAt (N} ladfcu1~ 1he- foreign c:ici:h1111yc Cr.'l111t~bnc11c whi;:, .. 1v11l11.hl..,,

St.~.'rl!S : IP \S m.r 1 rn KR ,\ii' .\.1,H OS PH 1% Wll

MH l? II 'Wll •? A IVB 6;> R wn N I) Al' N !) Wll N R Al> N ·~ N N I< N )'.j R

WB N N

• WR

A R

6 /\.[' WB

Dhpoul

91

Wire, f'ope•. nee.1 :

1960 H.R. H~m111111 & ,\\oh8'1.Jl Hll\~ C<11»tn, • ,

D~. 1961 De. • .

1·ry"h~rhb1.1J t\ll\Yyn 196.l 11 nJ C)n&rn. 1')63 J IY.dcro.batl 1\Uwvn r. R. fJag1·i 196;;i ~u,11fmit1I Moho

Wool to1111

r96~ j!I\' Shrcc Textiles

• \959 HY~trab,,J . 11lw)'n t9fi0, Ercci:rit COnStn.

WcldJns: c:1cctrndc$

r

•1. Thi!' Utt' eaccl1i.de1 cppeove.J •Pt)liC,itlOn, whic-h had 11,0 Import oornt>qncr\t Bl \\'C-ll Jal thoae for cctrcn 1cxti1ea: and coal,

2, No dblincclon. is made berween. leuers vf ll\tCOL and uceuces.

SOUltC'M : l A.gen.de [)fll)eri and nlinuccs of r .iCCU$ini:i Commleeee ancl Q.phal (;ooJ.1 Com.mlrtec •

.l L's:e» or piojacc wv-er~ 11nd not oovcrcd by foreign c:-Jtmwge ullut;ttiou., i11tued by tl\e- Ecoo.oml<." Advi!CT_, Minitt,ry of Jndwcry.

.. .. N ~o

150 15q 150 u 43 ~. ~

9 •6 IS 3 ~ :0 6 8 I 8

r 1' 17 >q eee 6••

18~ N 917 .. 500 ~00 610 •s N 3o

fJ

"XU ~'V ,qU(?} ~'U NU mi NU "NU NU sn NA Sli SE! SH 'NA NA ~R NU Sii Nl1 NV NIJ NU NU NU NU ~ NA SB SB NA SB SE $1:!

Wattt coqlers. Comprl.'.'!:$0tll • , lJ.UIU$lflal blO\VCrl

c~u1'tra:ns. , Conwr~ssors .

l'arti<l• l>ll:11d ' • Ptipc:r, printing&. writfng Son cQke , , fnJu~trlwf nuu.'hJncry AhUuinhtlu ln1tot&

t'11brlcal,ion • Ccrnent , Ncw•prinL • l>npcr capncitor& Pig iron JJihar S1cel slicers . V11cuou• rubber Research In$trumeot1 Q(iucnt • Cc1nont (RJ) • $1 eer d1\1m• . 1\Uchinfl" 1t\Oh • • lndu~trlal M•ehlner)I }1.ly. wog9111, • • Srccl forgln&•· lltlRht bart • Nyfon •tAlpk fibre !Wyon tvrc ooxd C.....~e•od• . CoUophono . c.unrh••• lilm Sm•I toolf H•nd coot.. Particle boom CbiPb04xd PVCpl,es 1.'lttl11111, Dol131 a .. Cabl•• & wucs BOT etiitle•. Rlec. Mown.

Do. GoQ.Ua:o11 Lifl3 M1$11Ctll atltttora Power equipment

1 Air. CndJtioning COrp. 2. Do, . • 3 Do.

4 Do. , .s6, A.tun Geaeal Aryavnrt.11 .

7 .Bh11.n1c Commerce ~ Uirl11 Jlt0$, y flirl• (JY1t1liur

xn nn, rr ,Do. 1i De. '' Do. 14 Do. !rs Do. . 6 Blrh1 lnlllt l.lrTcuh.

117 Oi.rLA Jute 8 .Ill')~

19 DQ. :)I.) CIMMr.C> ~ E~ ~a Do. >-4 ClMMCO _;a ee_g~Y •1 Do. :>Jl Oo. • • 2!l Do, • 30 Ch•nd•• l<lsboro 31 Dholpu.r Iad .. trial 32 IJaatcm Bqu)J>mcnt 33 Do. • • 34 Do. ~ Do. "" °"· . . 33? lllecttlc Coretn, 8 Do.

39 Do. 40 Do. ~t Do. 42 Do. ~~ Do. 4i Do.

Vear of L.C. •nproval

lmpor't <:omp()­ nem

Type l'roJuct Name SL ~"'·

s·i·AT!iMl:NT B

'1.i<t otBrRLA Applications (or licenc .. /LotUn GClnwit Approved by Lkcaslng Com.Qllt(t)'o bUit aoc bcCorcCapltal Goocb Committee tllrouib Sd-preD:lbu,

''"'

<40 N N 1 :-! N N N 40 lS 30 40 ~ s 1

6 6 N H ~)j 110 JO ISO 30 ~ N N N

IS ~ IS 13 17

IOO

'"" s ~· ~ 8o ~«J • HO $ N u 6

~ N' ,, 1(>9 N

N

NU NA NV 1'1U NU NV NU NA SE SE l;-IU NU ~ SB. NA

NU NU NU NA NU :-IA NO NU NU NA NA Sil

11 NA

SB NA NA ~1, sn ~E

~g NU NA Sil NA SB Sl! Ni\ Sil SB St> NU N'U NA NU 'NU NU NA NU NU NU

pewee qu men DQ. AP.

Transformers WB Steel wire Sheet glaa• Gloss AJuminlnm foll Qw.stic so a Oubon biirulphlJc Celloph•n• paper EOTcnmc' Steel box & balln~ Aelwu. ome.lcer Alwn. flm & exttUs.ions' Alum.lnBOU Aluni. rolled, ptclducu Cenicnt Wire rtlJIC & ball '"ire Coal n\RChiner)' Fv1sloa• Ox:yscn Mochhtc Loola Ouorgu.!71 Mott111t.ems Ccml!n,t Stoel st ruc:u.r•I> t>ctrnl truck9 nceroro m>cks l l)•dnullc & Pncuu,t.Allc

)JN~lc~ Splndl.. url11dm &

pttt;St Rotrllrcrk~u11 Mtctilne 100JA W'~hln~ machlne:• A"lbMr""' 11hcett

Do. t.>o. Do.

A•bcilo1 t;xllle1 V!Uyl ••b<•l<ri Broe bes Jlloe:tronic cequipmont ln~1ion n\oulding11 Mouldi•fl pnwdcr

n.. Do.

)Uilio capecitore Ito.Ins , Sy11thcoc resins Casriogs PVC:coblet Cables Demented alatered carbide ct anvy & otccl rolb C)rutccsed mill< {>Owder Sand lime brick Cryolite O~iphcartl Bit,ar

'Do. Assam Do.

~i l!l•b~c Coosto. 17 Do. . • ,~ CH Ot1nd)"rl h 0 ra. 49 R.G. Gs.ncriwtda so Do. • . JI General !ndu.strldl 52 Gwallor R•yon 53 Do. . • 54 Do. . ~s6 li<rllllnn & Mobarul , Po. • "';1 tiiud. Alwu. ,s Do. 59 Do. 60 O<>. . • • f;1 I-find C,)nttn. . . G•D• . 63 Mind, o C<> po. • 64 Hind Oowldat Tools 6s lllnd c .. 66 Do. , • 67 Hhld 0 um ilc Cbom. oli8 Hind Inv. C'1>m. ~ Do .. 1" Hlnd M0<0" 71 Oo. 7: °"" 73 Do. 7• Do.

75 Kyd. Allwyn 76 Do. • 1,1 Do. ' ' • Uyd. tw-01 . 79 'Do. . .

110 l")n

"'' Do. • ~ Du. . . $~ Jol1ill Linolcwn , 84 lo.tmn ll«><b•8 & Tno!J llS Indi,an Illa,tic:. 86 l',)o. • , 87 Uo. 88 Do. 89 Do. ?O Do. 9T fl<>, 91 Do. ~3 lnilim Sm•ltlng 94 Do. • . 9$ Do. • 96 Indian Tool • ~ !n'dwtri;tl P!Jlnts ~8 Jaipur Dev. , ~ M· L. Jo)oo s JOO Ja.)'sb.roo.Cheoueala Jot Jays,hcce Te11. ioz. Do. io; Do.

-

1~ Year oC eompc- L.C.. ncnt apptnnl

93

si. No.

94

SI. Nlll1c Produce 'l)>r• Import Year of No, (""'f1'JI()- L.C.

ueru ap;,rr.\·1.l

1c-+ Jayalµet T(:a p;y\\'ood An-dam.ans. NU .>Ii t963 JC$ Do. po. ml 4 1g61 to6 Po. 1-Juct~oor~ 48 1Q60 107 Do. °"· ~E 40 19$9 toll Do. Timter product», NU 4'J !959 tr.g JA}'Sllree ·rcxtrle Rub er .b,tJt~ NA 1 1951 LIO On. , Synrllttic rubber oil acaN NA 4 ·~ IH DI)- ln1cltH1>t11 SD 15 1960 J .. Jiyafoon1~ • $(1(111 sutfl Sil 100 1900 1 Tl Kilnori.11 Urc"llt. ~~~lttic Cn"Olirc· NU N 1963 t ll4 Xnn01la Chem. NA ~· 1966 1)~ I.Jo. Chlpbood. SH 20 1961 u6 K11noria IJdvo~ P11pcrfilm..-. NlJ R 196i '17 ,}{~)rum <..whn11 bhul~\hid<r $~ 7 19~ f 11X Do. Cau111 I.; itudn NU •so 19 .. , Do Cemem , NU 100 J~(;~ ...... I ::o J:)o. Y,•lrJu.-.rl• a:.d sn ~ 1Qg~ '.J1 C).P. 'Ko•harl ')!jjC: glltlit • NA N' 1y ! 1 ~1 X1Mam J'rC\1ht<:t11 i-:.11y ~c-ld& ' N:\ J J<;6 1i3 Do. Ru;c b1t1i1· o I , tiH f 19~ t~41 Mt.1~U!IJ\te~ ~ll'YO~ >ir.a(1t rulri- N'\J )W ry~1 r:l'.~ e. A1·r:\ohl' hbn- NU ~· ·~~. :it, DI> J\u. NA rij6t 111 Do. ~tcel fl}tp_1na:. i-:u ~I 196; 12K •\lluritrr. Tntliu C.:on•"ructlnn l·'ltcn:u.e~ ~A •?6! 1'9 l).1, <;1utvcy('I~ heh Nil N 196• 1)0 J.l•. rn~1h\trh•I ~ri11trumi:n1 .. l-11\ " ·~l 1;\J J)\,, Swi1..:J1c11, htdlCM(1tra NA ••• '~ 'l' ., .. , J JCO\'Y 1t~Ut'fU"\lt'I Sil " 19 4 !Ji o,,,

1101' °'"""' :NI) N ·~ lJ4 E''· Rtr•-trif" hoitu N1\ '" I ~6, 13$ ••• l\uH' onr" s.n '· 1960 ri(> C & L Mnftnn C(IT1;Jcni.~ :n!I'- NA l 1q,9 11z N•"" 1 li"r". Str11 .. 1urn1~ Sil 151~7 11 n. T\)t~u.~ t.vnvorh1 ':"I NA Jot 19{>4 a 19 S.<.1 Nev.-. tu W..:J Cd PJPt'll • NU ., 196C> J,~Q lJ.""J'. ,Nt'VGt • .;1 Ccar bt.i:<:s NU 20 19(;1 "'' no. G~·jf CUfl<'fll NU .10 1g<lu f•1Z New SYoh.fe,!11 , c.r. :ipul'I pipc:3 Nu• ;o 1960 ·~~3 New S\w11ft hi S111a1 l~rull & Vclf. rrn.:ht~11 NU < JIJbl 1.11 Qrl.-ri• C"icrh11P.J ;'\Ut'J hl.)JAI Sil l'.: 1965 J4.'i On. Auto ~ly111a.mu se ' 1961 r46 Ou. Auto r.al'tf NA I 1~6<> 14i Do <\11•11 Pll"111 Sh l lYS~ 14 !)(•, C)1rb'J~cunr~ 1'A s 1966 ••19 Do. B ee, m11:ur~ SJJ ~ 1960 l<O D~. ~cald c;on1prts~Or~ XA ' 195? 1~1 Or c.11 1•.-µ1.:r t.:11u.411Jc scda . SH • ~ •96o J,~ (Jrfel)I Sterl St WI.re ~.hilted e.r, 11li~et' SP, t96~ rs.J Uo. ? :l.U l 19~8 1<.1 !10. Orii;ht I>,,.. KA N l9 I 15$ Do. Cahlcr. & \\111 c SR 6 196() JS6 De. l'rf"YtJ'1hn Nt\ I) ty6.<J 'SA no. Steel }!!'ii~ SB tp~;i. 15 Do. StteJ •h•N>

~~ • 19 1 •$1) t)u1Jf\ Sllµ,Ar Cement N 1966 16o !)v. Do. NU 5" 19Gs J 61 Punaphcre Sugar SE N 196j J6:? Dt.•. Chjp\)<;>41rc', • NU •s 196o .J~3 P IC. S~bo~· Lock 'Jtitcli 1n~ll11c NU J* 1965 161 R.-K. Sebec +: Ind. Rh-:Jh) Sc\\•int rmcbme n~tdJc,... Nt} 6 •96• ---

!IS

'A'mp(ltl Year of ~1. )Taine Product Type COmp-0• }J.C.

No. nent approval

.1.65 R..K. Sabo.:1 ~nl.l, Rhein) . {.ital' c1.,1ctc r11 NU JS 19G.< 166 SourasbtrG C c1)1. ~ Bromine . sr, , :.:962 167 Shanka~ S1-1g:i.r Sugar , . . ~H N .c965 168 N,S. Singhl ASc:R & alum conductors l'IU l! 1962 169 Sirpur Pupl)r l'apcr STl ~ 191>4 1'70 ~. .no. SE a 1963 t71 Do. ·r1t13ue pape r ~II N •96<> i72 H. Somany • Floor ti l C1I NU 27 1965 T7J Sur1tjnta.lJ Mohta t,,du5t:rial ga&cli' 'NU JU 1961 1?• Do. Sleet biUet.e NU 40 r96o '7i Du. Ole&A bortlea NU 30 ,,c. 17 S.S. Tapad• S1Mll and hand cqols N1J ~ ~9~

~ J.1'1 'fetcrnt\CQ Capttein lnthOl Sl,i 10 •U 178 Do, Cl srnn pi~c . N'U N r96o

ft- I~~ Do. Qtp.uan fau es , SE •9 ·~64 I 6 [)o. l'iPt1 & lUb<• SE 1$0 196<) 18c Do. Spr~. NI\ s 1965 182 oo. S•!11Ctutllls • SE 15 ·~62 183 Do. Su.gar nuu;.ttiner~· . NA 10 19(>.\ 1~4 Do. Tcxd1c flUl.Chlucry . SE

~ 196.J Oil. Toe>lh1J • • . 'NU 196 :e~ Do. Welde pipca uaJ nabce N1\ •s• 196Q <J. 187 K.L. TM~•nl Com.tf'll NU ·~ 196~

1R& A.JC.. Tld,-orli Rc~rrillln8 min" NU T9~ 189 DQ. R~·rollc(I produ<1$ NV ro JQ 5 t!>O Tunaabhadro . . Corwnsccd 011. NA N •965 •:1 Unlvrnal Cabl9• T.P. Cn~le1 • NA 10 1963 1 • univcr;ol lilcc. , Mo1u1·1 & con;,.ow,. NA 31 196~ L9J Unlvtrtol Oen. Aaonoes T)'pCY!fllCJ'I , w: ,~ 1964 •94 UnlV<to•I Tyro • J\Ute> 'fl<'""" llul.t tubl:11, ·~65 'Pi Do. o, Sil N 1965 19 u~ Gt.t&\A¢1J SUAllr Cc1~~11c , NU N 1965 '~l . J)QWCt 4J¢QfH>I , $):; I 1960 19 \J.P. S••aor • ChlflbnJ1r1I 'NU f6 T 96'<) tS>,9 WJ. J\iachjnc Tool11 Mnchinc t1.>11l~ • NU ipM 200 \Vucxlcraftt A8tw11 Ply\VOod • SE! 2 19ag 101 WOOdcro[t l:'ro<lu""' . f'lywooJ . Sll N 19 102 Do. C"..hlphoprcl • NJ\ 6 t96o 203 YO<k tu~I~ J\~r OJ>< • NA .jO 1964 104 ZeJJldl $t1'~1 Scamtc1u &tecl 11lpe SJ~ )00 196,, 201 ce, Spocl1d ah4'Artil , NA 65 1965 206 ne. :C::tccl rorgtn,, NA S•I 1964 207 Oo. l.J:eary scructur111-, 'NU JO 1964 '"'~ .Do. Small 1001~ , NA N 1964 - a09 Do. Steel soctcts NA " 1961

96 ST I\ TllM'l:.°Nl" C

List or Ut~•· Ucauce!l ~0( C3Vltf'td by Forcig.n l!xc:hanttc AJJocndon as Oil January l, l9'4

SI. Name Prodnct Date or Type I'. t.x. No, LL RqUirt:J

l Tcxmsee Alloy $D\l Sp•cfat <tee! AUst'l1!f 6'),t,. 400 251000 tons l\U.l(US! 6T ~ l}irl• Gwalior l'lr: iron fuJyi962 ~H 100 3 ~nJwhree, StteJ camngs April 1963 JO 4 New Swadcshi Po. ApO 1963 NU 29 ~

Dago • . . Do. Aug. 1963 NU 6 Orica\L Stl.lcJ & \°1;·'it c oe. Oct. 1963 NU ,, ~

K~soram M.J. C.•llnJ1 M•rch 1962 NU 20 CIMMCO C.l. •pun PIP(IJ 19~6 NU 40 ' 9 NC\\' S:\VArlt:11i1i Do. Jan. 1961 NU )' • JO 1'e,~ac:o Do. Aug.1961 NU 40 II J<c::Jorn1n Stet I c>ipe1 & 1 ubcs ~i a)' 1 i)lin NU .,. ,. 'PCXll\ltCO . . Do, fan/{iunc 1961 NA 500 13 Not lnnal l!nss. , BAii & roll<t b•arlllge • Apr I 1~h Sil 92 14 flit<:, (:oni;tr1.u.1tlou, Ci.fee. crQIU(QrmCrf • O.r. 19~ NU 1$ :i Un.ivcirtol Crib)<"• . !'.!. C-•bl•• Jun~ 19 3 NA N~ llltc. C:'ll\ttn, P4p~r ecucn ouv0orcJ : o,,, •96'° S!) 17 .KA11lcrh1 Chc1n. Ph<»Ph••• fcr~li•cr • A\18, 19 NA >s t9 C~rnu.ry Rc.~n Do. Nov. 1960 NA 1 19 S11ur1\hlr11 :.hem. S('\iit ,,_., • L"'Y 196o $Ii ,. •• D1->. P1)t. OtlQrJdc 1and I {tiy f96~ 6 SoJ. blctirb

" <.:ont nc11utl Pl•"· Deto1u1<'lrt May 1962 NU 3$ ~Mochin•I)· 12 Oirha Chv~Uo1 1'e\V.Sp1 t111 Scpr. 1960 NU s~o --- S{~\1re1:: JJ~ncmlc Advi,~r, Mlt\iury rt! Jndu.iltrr.