ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Growth of the House of Birlas-Lessons for Licensing Policy

that, for licensing, the exemption limit for new undertakings should be raised from Rs 25 lakhs as at present to Rs 1 crore. For substantial expansion the limit should be 25 per cent of existing licensed capacity or an investment of Rs 25 lakhs, whichever is higher, and for new articles an investment of Rs 25 lakhs.

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