(PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY, DATED THE 5 th JUN… — THE INDUSTRIES (DEVELOPMENT AND REGULATION) ACT, 1951

(PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY, DATED THE 5 th JUNE, 2003) . Government of India Ministry of Commerce and Industry Department of Industrial Policy and Promotion New Delhi, dated the 5 th June, 2003. O R D E R S.O.655 (E).- Whereas the Central Government considers it necessary with a view to ascertain which ancillary and small scale industrial undertakings need supportive measures, exemption or other favourable treatment under the Industries (Development and Regulation) Act, 1951 (65 of 1951) (hereinafter referred to as the said Act) to enable them to maintain their viability and strength so as to be effective in- promoting in a harmonious manner the industrial economy of the country and easing the problem of unemployment; and securing that the ownership and control of the material resources of the community are so distributed as best to subserve the common good; And, whereas, the Central Government considers it necessary to amend the order of the Government of India in the erstwhile Ministry of Industry (Department of Industrial Policy and Promotion) number S.O. 857(E), dated the 10 th December, 1997 for the said purpose: And, whereas, a copy of the said amendment of the notified order in draft was laid before each House of Parliament for a period of thirty days as required under sub-section (3) of section 11B of the said Act; And, whereas, no modification in the draft of the proposed notified order has been suggested by both the Houses of Parliament; Now, therefore, in exercise of the powers conferred by sub-section (1) of section 11B and sub-section (1) of section 29B of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government hereby makes the following amendments in the Order