Apart from its importance as .a means of quickening the face of industrial development in India. it will have the effect cf -ultimately reducing cur dependence on foreign countries for the plant and machinery required by. us and. consequently. of reducifig our requirements of external. finance. If the document to which I am referring means ahything this ought to answer the contention of the proponents of this bill that. its passage would mean more trading with India. I think that argument has little foundation. The original formula for basing quotas was specifically designed to restrict immigration. This is the principal fact to be kept in mind in considering this bill.
Keywords matched
immigration