cover image: The Eastern Economist  January 28  1944

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The Eastern Economist January 28 1944

1944

In the second place the decline in the exports of raw materials particularly of the staple type is mainly the result of the loss of overseas markets and the readjustment has been effected partly by increased domestic consumption (and to that extent this indicates growth of dometic industrial production) and partly by the cultivation of food crops in place of non-food crops. [...] Even in the trough of the depresion and at the height of autarchy and bilateralism what was significant of our export trade was the colapse of prices and not the fall in the quantum of eports which was much smaller. [...] The drop in advances reflects the further contraction in the private sector of the industrial front and the smooth running of the progress paments system by which the various supply deparments provide war industry with the bulk of its rquirements of working capital. [...] When the Budget for 1943.44' was"130 THE EASTERN ECONOMIST JANUARY 28 1944 presented the Government of India proposed to the Legislative Assembly to scrap the financial clauses of the Convention Resolution of 1924 as it was cosidered that this Convention had acted unfairly to the railways in the years of depression while in the present situation it gave inadequate relief to the general tax [...] They proposed that the surplus for the year 1943-44 on commercial lines should be divided between the Railway Department and the Central Government in the proportion of one to three that the exact distribution should be settled every year with due regard to the requirements of the Railway Department and the Central Government and that this arrangement should last till the Raiway Convention was
commerce industry
Pages
49
Published in
India
SARF Document ID
sarf.120077
Segment Pages Author Actions
Frontmatter
i-121 P.S. Lokanathan view
A Modest Plan
121-123 P.S. Lokanathan view
India’s Export Trade
123-124 P.S. Lokanathan view
The Week’s Notes
125-128 P.S. Lokanathan view
The Railway Depreciation Fund
129-130 P.S. Lokanathan view
Rationing of Rice in Madras City
130-132 T.S. Iyengar view
Organization of India’s Export Trade
133-134 P.C. Jain view
The World Abroad
135-137 P.S. Lokanathan view
Trade Section
138-138 P.S. Lokanathan view
From the Provincial Angle
139-144 P.S. Lokanathan view
A Delhi Diary
145-145 P.S. Lokanathan view
News Page
146-146 P.S. Lokanathan view
Gleanings
147-147 P.S. Lokanathan view
British Survey
148-149 P.S. Lokanathan view
Book Reviews
150-150 P.S. Lokanathan view
Company Notes
150-150 P.S. Lokanathan view
Money Market
151-152 P.S. Lokanathan view
Investments
152-152 P.S. Lokanathan view
Commodity Markets
153-154 P.S. Lokanathan view
Letter to the Editor
154-155 P.S. Lokanathan view
Current Statistics
156-160 P.S. Lokanathan view
Backmatter
i-i P.S. Lokanathan view

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