ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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50 Years of EPW : Facade of Licensing

First Published in 1966

To mark 50 years of EPW, each week in 2016 will ­present an extract from our archives.

Vol ViII, No 7 FEBRUARY 17, 1973

Facade of Licensing

The liberalisation of licensing policy for the larger houses conforms to the actual trend of government policy in the last year or so when fewer and fewer cases of concentration of economic power relating to the larger houses have been referred to the MRTP Commission and these houses have been allowed to even regularise clandestinely installed capacity in a number of industries. Clearly, the claim that the latest industrial policy statement will in any way lead to more effective control of concentration of economic power does not merit serious consideration

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