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

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I Am the Judge and I Am the Jury-Report of Press Council on Kashmir

BIFR that the project was not viable They were, of course, proved wrong. The tea cooperatives had problems initially because the other plantations tried to isolate them. However, they were able to stand on their own mainly because in most co-operatives productivity is higher and costs lower than in the private sector units. Unfortunately it is not the private sector alone which tries to scuttle worker co-operatives. Public sector banks and financial institutions are equally responsible. The chairman of the BIFR has stated on several occasions that banks are reluctant to extend financial aid to worker co-operatives. It is surprising that while these public sector institutions are liberal in investing people's savings in private enterprise they clamp up when it comes to helping workers. The government so far has not deemed it necessary to reorient this approach.

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