Page:Indian Journal of Economics Volume 2.djvu/456

 R:B YI:B W8 OP BOOK8 The cost of the sheme is worked out /n some detail on a pro-wsr bssis snd the recurring eost of the propoesh is estimated at Bs. 86,00,000, whilst the total capital exlmmli- furs extended over seven years is put at Rs.,16,00,000. This includes provision of sil the nessary pienear and demonstration factories besides hydrographic and other surveys and the bu/ld/ng o! teehnolog/eal institutes, /ndustrial schools and engineering eelleges. The recommendations of the Commission lutve evidently boon considered with very great care and with a real understanding of the industrial conditions of the country. We hsve no quarrel with the idea of an Imperial Industrial Service, because, sithough we believe in the grsstest freedom of local initiative being allowed to the provinces, it is obvious that highly speei&lized experts, who must be paid high sslar/es }f they are to be of any use, would be an impossible luxury for most of the province8 by themselves. Their advice wouM be needed only for a month or two /n each year, the-men of more generalized training and special business experience being employed permanently in each province to do the actual work of promoting and assisting industrial undertakings. The danger of centralization must certainly be avoided; and for this .purpose the Imperial Department could only have the duty of stir/sing the Local Governments and assisting with information, not of con. trolling their industr/al sctivities. The 'Report of the Commission is followed by s Note from the pen of the Hon'ble Paudit Msdan Mohan Malaviya giving reasons for differing from th5 other members of the Commission as regards several of their conclusions and recommendations. He eommen*oes with a histor/eal account of Indian industries noting the effect of the early development of the for_sign trade with European eountr/es and o! the Evglish industrial revolution. He traces the effects growth of railways ud considers the Government trial policy in recent years. After dealing at of the indus. length with the question of industrial education he takes up banking and finally he organization of he proposed salonrifle and technical services. He calls special submitted by Mr. Puran Singh of the Research Institute which rtises a very scientific attention to a note Dehrs Dun Forest important question. research work The Oommission srs iu favor of