REGISTERED No. D. 221
The Gazette of India
सत्यमेव जयत
EXTRAORDINARY
PART I - Section 1
PUBLISHED BY AUTHORITY
No. 91 ]
NEW DELHI , FRIDAY , JUNE 28 , 1963 / ASADHA 7 , 1885
MINISTRY OF COMMERCE & INDUSTRY
RESOLUTION
New Delhi , the 29th June , 1963 .
No. 17 ( 26 ) -TEX ( D) /62.-The Tariff Commission has submitted its Report on the Fair Prices of Woollen Yarn , Fabrics and Hosiery Manufactures , on the basis of an enquiry undertaken by it under Section 12 ( d) of the Tariff Commission Act , 1951. The Commission has recommended the fixation of the ex - mill and retail prices of different types of woollen manufactures , in accordance with certain formulae suggested by it , which would be applicable till September , 1965.
2. Government have carefully considered the recommendations of the Tariff Commission and have decided that in view of the fact that the conditions obtain- ing in the woollen industry are not now normal , as a result of the gearing of the Industry for production of Defence requirements and its effect on production of civilian goods , the fixation of the prices of woollen yarn and manufactures on the basis suggested by the Tariff Commission will not be destrable at present .ent . It has , therefore , been decided not to fix the ex - mill and retail prices of woollen goods as recommended by the Tariff Commission , and that the position should be reviewed when normal conditions in the industry are restored .
A. V. VENKATESWARAN, Jt . Secy .
( 963)
PRINTED IN INDIA BY THE GENERAL MANAGER , GOVERNMENT OF INDIA PRESS , NEW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS , DELHI , 1963