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Capital for Industries and the Managing Agency System During the British Days

Introduction

The modern industrial production cannot be visualized without sufficient amount of capital. Capital is its very life blood and its services are so essential to it that the very industrial civilization of today is called ‘capitalistic’. In India, though there was a marked increase in the indigenous capital for industries after the First World War, there is still a vast scope for improvement in this sphere. The Indian capital is proverbially shy. But if India was to be on par with other industrially developed nations, we should employ more and more indigenous capital resources in our industry, iron and steel, sugar factories, water power installations, ...

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