Indian Sugar  December 1953
Coherent Identifier 20.500.12592/rp394c

Indian Sugar December 1953

1953

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Summary

In view of the large financial liability and inability of the factories to meet the cost entirely we feel that the only way to encourage shifting of factories is for the Government of India and the State Governments concerned to agree to contribute 50% of the cost. [...] The Government of India's policy leading to the import of sugar during the last year was criticised in the House of the People as also in the Council of States while discussing the supplementary demands for import of sugar. [...] Justice Mahajan with whom other judges concurred rejected the contention of the Attorney Genral that the effect of the Ordinance was that the Goverment took under its superintendence the affairs of the Company without in any way disturbing its title in the property and held that the impugned statute had ovestepped the limits of legitimate social control legislation and had infringed the [...] The combined effect of the provisions of Setions 3 4 and 12 was that the Central Government bcame vested with the possession and control of the prperty of the company and the normal function of the Company under its Articles and the Indian Companies. [...] Throughout this period the prfit margin of the industry was fixed in the controlled rates at the pre-war level regardless of the increase in taxation rates and the decrease in the virtual value of the rupee.

Pages
53
SARF Document ID
sarf.120241
Published in
India
Title Pages Author/Editor
Editorial 383-384 J. S. Mehta

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Notes 385-i J. S. Mehta

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The Indian Sugar Industry 389-395 Govindji Raoji

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Finance for Sugar Industry 396-398 J. S. Mehta

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Sugarcane & its Problems 399-404 J. S. Mehta

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Sugar Confectionery 405-410 E. J. Clyne

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Sugar Abroad 411-412 J. S. Mehta

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Subsidiary Industries 413-416 G. Ramchander

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Labour 417-419 J. S. Mehta

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Government Reports Notifications etc. 420-i J. S. Mehta

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Company Affairs 421-421 J. S. Mehta

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Statistics 423-431 J. S. Mehta

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Backmatter 432-432 J. S. Mehta

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commerce industry

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