Concentration of Economic Power in India

Amiya Bagchi In his book "The Structure of Corporate Private Sector: A Study of Concentration, Ownership and Control" (Asia Publishing House, 1966) R K Hazari establishes that the concentration of economic power in the corporate private sector in India had definitely increased between 1951 and 1958. Hazari also provides a wealth of detail on the techniques used by business houses to acquire and maintain control over the companies in their fold and throws valuable light on the disjunction or conjunction of ownership and control.