Report of the Indian Tariff Board on Additional protection for Galvanized Sheets

The fall in the price of spelter therefore represents a decrease in the cost of manufacture of about. [...] Owing to the fall in the price of imported galvanized sheet therefore the protection now received by the Indian manfacturer falls short of the protection required' by Rs. [...] As we shall see later it is of the utmost importance to the future of the Company that an outlet should be found for the ingot steel which is now likely to be in excess of requirements on account of the reduction in orders for rails and delay in the grant of assistance will undoubedly tend to react unfavourably on the consumer by 'postponing the time when the industry will be able to stand wi [...]. therefore that the grant of a bounty in the present instance wbil d constitute a most undesirable precedent and would render the Scheme of _ protection less effective and thereby prolong the period of assistance and delay the industrial development of the country. [...] Under paragraph 2 of our terms of reference t.he scope of this enquiry is limited to an examination of the effect of the fall in price of British galvanized sheet on the scheme of protection and it is clear that a consideration of the course of prices of noBritish 'galvanized sheet or a suggestion that.