Business Environment, 1st Edition by Pearson

Chapter 11: Mixed Economy | 127 |

The government had also been trying to protect consumer’s interest

through the launching of consumer redressal forums and insisting on

complaints on certain laws under Bureau of Indian Standards (BIS)

and other laws. Government also controls distribution of essential

commodities between regions and states through imposition of vari-

ous Acts. Though much of the rigours of the above restricted policy

of the government have been softened with policies of liberalization,

a few controls are still there such as on the prices of public sector

corporations including railways, postal telegraphs, coal and powers.

Government is Committed to the Promotion

of Public Welfare and Protection of Labour,

the Poor and the ...