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The Gazette of India

EXTRAORDINARY

PART I—Section 1

PUBLISHED BY AUTHORITY

No. 6a] 6 NEW DELHI, MONDAY, MAY 1,1967/AVISAKHA 11,1889

Separate paging is given to this part in order that it may be filed as a. separate compilation.

MINISTRY OF STEEL MINES & METALS

(Department of Iron and Steel)

RESOLUTION

New Delhi, the 29th April, 1967 SUBJECT.—Control on price and distribution of steel

No. SC(I)-5(2)/67.—The Raj Committee had recommended "progressive decontrol" over distribution and prices of Iron and steel. The Government of India accepted this recommendation and in their Resolution No. SC(A)-24(113)/63, dated the 29th February, 19G4, control over prices and distribution of a large number of categories of steel was withdrawn. The responsibility for distribution and fixation of prices of decontrolled categories of iron and steel produced by the main producers, was transferred to the Joint Plant Committee. Since then, in pursuance of the policy of progressive decontrol, control has been withdrawn In respect of a few other categories also-2. In 1966, the Khadilkar Study Team on Iron and Steel Control Organisation recommended that statutory control over the remaining categories of Iron and steel should also be withdrawn and the responsibility for fixation of prices and distri- bution of all categories of steel be transferred to the Joint Plant Committee. The Study Team, however, suggested that the categories of steel should be classified as 'easy' and 'scarce' depending upon the extent of their availability and also suggested distribution of 'scarce' categories according to a scheme of 'regulated decontrol'. (189)

3, Government have consulted the State Governments and other interests and carefully examined these recommendations. Taking Into account the present trends of demand and production, the interests of the consumers and the manner In which the Joint Plant Committee has discharged the responsibilities entrusted to it in respect of decontrolled categories, Government have recided to remove statutory control over the price and distribution of all categories of steel, with immediate effect. The necessary notification is being issued separately.

4. The Steel Priority Committee will continue to assign priorities, for supplies for the vital requirements of Government departments and industry etc. The planning, distribution and fixation of prices of all categories of Iron and steel produced by the main producers, will In future be done by the Joint Plant Com- mittee.

ORDER

Ordered that a copy of this Resolution be communicated to all concerned, and that it be published in the Gazette of India Extraordinary.

H. LAL, Secy.