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Small Sector in New Industrial Policy
C. T. Kurien
Economic and Political Weekly
Vol. 13, No. 9 (Mar. 4, 1978), pp. 455+457+459-461
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4366405
Page Count: 5
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What is disappointing in the Janata government's industrial policy statement is that although there are many pronouncements of intentions there is little awareness of the operational aspects. The operational issues can be summed up in the form of two questions: If the policy of protection and support to the small sector is meant primarily for the small scale industrial units in the modern sector, why should it be so? If it is meant for the village and household production units, how is it to be made effective? These questions can be answered only within the framework of a clearly articulated notion of the long-term directions for the economy as a whole. And that is the one aspect which the industrial policy statement neatly evades.
Economic and Political Weekly © 1978 Economic and Political Weekly