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

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Alloy Steels Tatas Think Again

scheme of steel decontrol but, characteristically, no attention was paid to the matter. So the organisation has continued, spuriously justifying its existence by engaging in issue of import and export licences for steel. But since export requires promotion, not licensing, and the function belongs to manufacturers or traders or MMTC, the Steel Controller's intervention is superfluous. And so far as imports are concerned, the policy of liberalisation without excessive pre-occupation with indigenous clearance' has cut the ground from under the Controller's feet.

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