Joint sector guidelines for policy
Date
1972-12-09Author
Paul, Samuel
Bhattacharya, S. K.
Kuchhal, S. C.
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This paper argues that the joint sector needs to be encouraged because of the significant role it can
play in the social control of private industry, in the promotion of industrial growth, in the mobilisation of
resources, and in broad-basing of entrepreneur ship. Indeed, joint sector enterprises may be permitted in
all industries which are not reserved exclusively for the State or the small-scale sector, and the sector can
be defined without modifying the Industrial Policy Resolution of 1956.
The paper also recommends various financial and organisational arrangements for making the joint
sector experiment successful.
The paper is divided into eight sections. The background and scope of the study are discussed in
Section I. Section 11 traces the evolution of the concept, and analyses the experience of the country in
respect of existing joint sector enterprises. Sections III to VII are devoted to the different issues pertaining
to the joint sector. A summary of the recommendations is given in Section VIII.
[The views expressed in this paper are those of the authors and not necessarily of the organisation to
which they belong. The authors are grateful to V L Mote for his participation in the early stages of preparing
this paper.]
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