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

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Joint Sector and Control of Indian Monopoly

Joint Sector and 'Control' of Indian Monopoly Aurobindo Ghose The Dutt Committee envisaged the joint sector as "an important means of curbing the increasing of economic power", but the Tatas and FICC1 have welcomed the joint sector proposal This is not surprising if it is recalled that when the 'socialistic pattern' was first announced in 1955, Bombay's stock market witnessed a boom. Since subsequent developments seem to have validated Dalai Street's judgment on the character of the 'socialistic pattern', it is pertinent to ask : Is the joint sector really an instrument of control of Indian monopoly? This paper seeks to answer this question.

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