cover image: Statutory Enquiry - 1926. Steel Industry  The Written and Oral Evidece Given by the Engineering  Wagon Building and Skilled Firms before the Indian Tariff Board

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Statutory Enquiry - 1926. Steel Industry The Written and Oral Evidece Given by the Engineering Wagon Building and Skilled Firms before the Indian Tariff Board

1927

At the time of the last inquiry the Tariff Board having gone into the policy of the Government of India the communique of 1921 the origin and organisation of the Peninsular Locomotive Company expressed themselves in the following terms :— " The industry in our opinion has strong claims to temporary national assistance There is every reason to believe that the works will be under efficient cont [...] With regard to the supply of labour also it is favourably sitated We consider that the establishment of the manufacture of locomotives in India is desirable both on national grounds and because of its importance to the development of the Steel industry The protection required would prbably be not greater than has been found necessary for the prtection of the locomotive industry in other [...] (b) Cheapest Market.—The policy of the Railway Board and that of the Indian Stores Department does not appear to have finally crystallised and on the one hand there is the uncertainty about the placing of continuous orders and when the orders are placed the railways want to buy in the cheapest market transferring any burden from boun ties to the general revenue and on the other there is the dem [...] (c) Duty.—A minute examination of the factors would necessitate the taking into account of the fact that the payment for duty on imported parts is made by the Indian manufacturers months ahead before they receive payment for the finished article and the task of finding the necessary finance and bearing interest for it is to the disadvantage of the Indian manufacturer. [...] The other argument which weighed with the Tariff Board and the Goverment of the country was that if the steel industry is to be protected then For the purposes of comparison we would refer to the practice in connection with locomotives and locomotive parts.
commerce industry
Pages
534
Published in
India
SARF Document ID
sarf.143868
Segment Pages Author Actions
Cover
i-iii unknown view
Frontmatter
i-iv unknown view
I.—Questionnaire Issued to the Railway Wagons Locomotive and Carriage Underframe Builders
1-1 unknown view
II.—Telegram from the Tariff Board Dated the 12th May 1926 to the Peninsular Locomotive Company Limited Messrs. Burn and Company Limited The Indian Standard Wagon Company Limited and Messrs. Jessop and Company Limited
2-2 unknown view
III.—Letter from the Tariff Board to Messrs. Burn and Company The Indian Standard Wagon Company Limited Messrs. Jessop & Company Limited and the Peninsular Locomotive Company dated the 25th May 1926
3-4 unknown view
IV.—Evidence Tendered by
5-527 unknown view

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