Report on the revision of the retention prices of steel produced by tata iron and steel co. ltd. and the Indian iron and steel co. ltd. Bombay, 1957

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Contributor(s): Material type: TextTextPublication details: New Delhi Manager of Publications 1957Description: 9 pSubject(s): DDC classification:
  • GP 338.47672  I6R3/57
Summary: In their resolution No. SC (A) -2 (149)/55, dated the 1st February 1956 the Government of India have stated that is as a result of changes in railway freight, changes in statutory prices of coal and other fuel, raw materials, stores or machinery and changes in labour costs caused by labour legislation or adjudication or conciliation awards, the manufacturing costs of Tata Iron and Steel Co. and the Indian Iron and Steel Company alter from the 1954-55 level, the companies may represent in the matter and government will consider such representation on merits. The two companies having represented in the matter in august 1956, the Tariff Commission was requested to enquire and recommended the increase in prices to be allowed to the two companies.
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In their resolution No. SC (A) -2 (149)/55, dated the 1st February 1956 the Government of India have stated that is as a result of changes in railway freight, changes in statutory prices of coal and other fuel, raw materials, stores or machinery and changes in labour costs caused by labour legislation or adjudication or conciliation awards, the manufacturing costs of Tata Iron and Steel Co. and the Indian Iron and Steel Company alter from the 1954-55 level, the companies may represent in the matter and government will consider such representation on merits. The two companies having represented in the matter in august 1956, the Tariff Commission was requested to enquire and recommended the increase in prices to be allowed to the two companies.

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