Business Environment, 4th Edition by Pearson

Industrial Licensing | 31

These controls become a permanent picture of the economic landscape, as these

were found to be useful weapons by the government not only after the war, but

even after independence to meet the needs of planned development.

During the two brief years that intervened between the end of the war (1945)

and independence (1947), government eorts were mostly directed at dealing with

shortages that developed in a large numbers of items, both consumer goods as well

as essential war materials.

In almost all the industries, for example, cotton, textile, cement, steel, sugar, and

paper, production showed a steep downward trend caused ...