(dated February 14, 1963)
Joint stock companies
The Central Bureau of Investigation, which the Union Home Ministry is setting up shortly, will collect intelligence relating to commercial firms so as to suggest preventive action. Also, big cases of fraud, cheating, embezzlement, etc., about public joint stock companies will be within the orbit of the bureau’s investigation. The bureau is being set up at the instance of the Union Home Minister, Mr. Lal Bahadur Shastri, to “take effective action against any tendency towards corruption in connection with the vastly expanded activities required for the national effort.” All the work at present done by the Special Police Establishment will be entrusted to this bureau.
High breed cattle
Prof. Nils Lagerlof, the well-known veterinarian from Switzerland, expressed the view that because of lack of sufficient cattle feed it would take some years before cattle wealth could improve in India. Prof. Lagerlof has been advising the Government on veterinary education, especially in the field of animal reproduction and artificial insemination under the auspices of the FAO for the last ten years. Prof. Lagerlof said that steps have been taken, i.e., by cross breeding, to improve the quality of cattle in India. He felt that high breed cattle were not available in sufficient numbers in India for it to be exported to earn foreign exchange. Dr. L. Sahai, Animal Husbandry Commissioner, who was present when Prof. Lagerlof spoke to Pressmen, said that the Swedish Government would help India both in the supply of veterinary equipment and training of teachers.
Mr. K.A. Damodara Menon, Minister for Industries, Kerala, said that a tentative decision had been taken by the Government of India for resuming production in the three ilmenite plants in Kerala and also to find new markets for ilmenite of Kerala in the East European countries. Mr. Damodara Menon told newsmen that nearly two lakh tons of ilmenite had accumulated and since some of the units had been closed, nearly 3,000 workers had been thrown out of job. He said he had discussions in Delhi mainly on this question. He met the Prime Minister.