Monthly Survey of Business Conditions in India December 1950

MARKET REPORT: The out-standing event of the month was the announcement made by the Government of India regarding sealing off of Ferozepore district in the East Punjab and imposition of severe transport restrictions in the East aid West Khandesh districts of Bombay State.[...] CENTRAL JUTE BOARD: By an ordinance issued on the 14th December the Government of West Bengal announced constitution of the Central Jute Board with the main objective of ensuring adequate supplies of raw jute to the owners of different jute mills at the maximum prices fixed under the Nest Bengal Jute (Control of Prices) Act 19. The Central Board [...] SUGAR POLICY: The new sugar policy was announced by the Government of India on the 20th December 195/ As a result of the reconsideration of the sugar and our policy for 1950-51 season the Government cane to the conclusion that in the present circumstances when adequate imports were rot possible complete decontrol of sugar was likely to result in hoarding and profiteering on a large scale.