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

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Cement-Of Priorities and Profits

January 6, 1979 steel/aluminium and automobile industries.
The suggestion for nationalisation of the steel, aluminium and automobile industries is not a novel one and has been a hobby-horse of Biju Patnaik and George Fernandes for quite some time. But a characteristic quality of this and similar other radical suggestions which George Fernandes and some of his colleagues in the government are fond of making from time to time is that they always surface when the Janata party is passing through one of its by now familiar crisis situations. Such a situation was again at hand and George Fernandes was quick to offer his pet scheme for refurbishing the tarnished "image" of the party. However, such suggestions simply recede, into the background when the crisis ases a little and the Industry Minister tums to his strenuous mediatory work within the party. Meanwhile, of course, he so-called captains of industry and trade are in jitters till private assurances are given to them that they should not get so upset about such threats. This is precisely what is now happen - ng all over again.

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