Social Scientist. v 8, no. 88 (Nov 1979) p. 72.


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72 SOCIAL SCIENTIST

has to bear the past liabilities of the sick unit and is also called upon to provide all sorts of concessions in the name of revival of the sick unit, there is a fear that such "mergers" will be used as a convenient tool for obtaining state concessions in the form of allocation of raw materials, supply of soft credit and remission of taxes. It would, therefore, be prudent to hand over sick enterprises to public sector units.

RUDDAR DATT

1 Planning Commission, Draft Five Tear Plan [1978-83), p 186.

2 Ministry of Industry, Report of the Working Group of Central Trade Unions,

Performance of Public Sector Undertakings, 1978, p 24. a Planning Commission, op cit, p 186.

4 Ibid, p 186.

5 Jayati Ghosh, "Sickness in Industry—A Case Study of Deliberate Management

Policy", Economic and Political Weekly, Vol XtV, No 2, January 13 , 1979, p 51. e Ibid,? 51.

7 Prem Shankar Jha, ''To Nationalise or Not to Nationalise", Illustrated Weekly of India, February 18» 1978, p 8.

8 George Fernandes, ibid, p 15.

9 Report of the Working Group of Central Trade Unions, 1978, p 25.

10 National Textile Corporation, Tenth Annual Report 1977-78, Vol 1, p 11.

11 Report of Working Group of Central Trade Unions, op. cit. p 26.



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