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

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NEW DELHI-FICCI s Charter of Demands

NEW DELHI FICCI's Charter of Demands B M THE special Supplement to the latest issue of the fortnightly publication of the Federation of Indian Chambers of Commerce and Industry, Economic Trends, which gives the FICCI's midterm review of the economy is noteworthy. The government, it says, has initiated a number of "constructive" measures in the last four months after a series of discussions with all interests concerned, It lists among these measures the industrial policy statement, the export promotion measures, the change in convertibility clause, increase in the rate of interest on debentures along with enhancement of the debt-equity ratio and, finally, the decision to allow investment of petrodollars in the corporate sector without such investment being tied to transfer of technology. The FICCI heartily welcomes all these and similar measures. But, considering the trends in the first half of 1980-81, it says "it does appear that there are certain issues which have yet to be resolved".

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