cover image: Indian Journal of Economics  April 1948

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Indian Journal of Economics April 1948

1948

The localisation of the jute mills around Calcutta enables them to depress raw jute prices through gentlemen's agreement facilitated by their strong organisation the Indian Jute Mills Association.1 In fact the semi-monopolistic organisation of the jute mills vis-a--vis the financial weakness and lack of organisation of the jute growers gives the former a very powerful bargaining position. [...] As regards the question whether or not there is excess productive capcity relatively to the trend of consumption of Indian jute manufactures the observations of the Indian Central Jute Committee appear to be coclusive the productive capacity of the mills has far outstripped the demand for Jute goods."' We are told that in 1937 the productive capacity of the mills was 6 614 tons per million [...] (c) To adjust the production of the mills in the membership of the assciation to the demand in the world market." 7. Early Experiments in Control For the first year after the inauguration of the Association the represetatives of the mills met every week primarily to fix the prices of certain fabrics. [...] When control was removed the price of jute goods declined no doubt but there was a steady increase in the total value of jute manufactures exported and the Indian industry was able to recapture a larger share of the foreign market.' On the other hand the very fact that after the relaxation of control prices of jute goods fell even lower than they were in the worst days of 1931 in spite of gene [...] With the worsening of the situation in the Far East the index number of prices dropped to 117 in April and continued to remain depressed for the rest of the season.
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Segment Pages Author Actions
Marketing and Production Control in the Indian Jute Textile Industry (1884-1943)
483-508 Samar Sen view
Forest Policy for Bengal
509-532 Ramesh Ghosh view
Prospects of Cotton Mill Industry in Bengal
533-546 Nitin Das view
Competition and the Demand Curve
547-554 J.K. Mehta view
Marshall’s Concept of Quasi-Rent
555-562 K.C. Aggarwala view
Debt Conciliation: A Phase in the Co-Operative Movement in Bengal (1940-43)
563-570 Kurunamoy Mukherji view
The Theory of Rent
571-576 M.A. Hasan view
The Determinateness of the Utility Function
577-580 V.S. Ananthachar view
Obituary
581-582 M.C. Munshi, Abdul Qadir view
Economic Literature
583-589 M.C. Munshi, Abdul Qadir view
Official Publications
590-591 M.C. Munshi, Abdul Qadir view
Books Received for Review
592-594 M.C. Munshi, Abdul Qadir view
Articles in Recent Periodicals
595-599 M.C. Munshi, Abdul Qadir view
Report on the Working of the Indianjournal of Economics for the Year 1946-47
600-602 M.C. Munshi, Abdul Qadir view

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