It is very careful about preserving that reserving.

Let us not therefore pursue this talk of

expropriating Foreign Capital. It is not worth it we are such a poor country as to go indulging
tactics lose goodwill and the create of the world and which will perhaps leave a feeling of wrong
doing in our mind and hearts.
Even in sight our own country we cannot think of scheme and policies in isolation. We deal for
example Zamindari System and other scheme relating to land. We referred to us scheme of Social
Energy can not offend be dealt in the normal date of Acquisition of Land or Property. We cannot
acquire the whole land at once. We have to gone about it gradually we have to find out about to
capacity to pay and them the payment can be creating that is when we acquire the property in the
case of Zamindars. The relatively Zamindars full compensation another person may get amount
and third pay and the 460. There is know doubt trouble their but let us letter at the industrial and
business ventures. We acquiring the Imperial Bank. So far as I am patty full compensation forms.
It may be by doing so we may save a little money here and there. But it will injure us it will be
even more wrong in the case of the small owner not be give them full compensation. I am
surprised that one of this minute of decent but hint out the small owner. I submit that it is fair
charge nobody can do it. You can we this Parliamentary us this Government can anybody
conceive and this Parliamentary and legislature going out and small owner. The self interest of
the average members will sort out such the step with nothing else.
Coming the industrial property is that the Government any old plant except some strategic point
for the benefit for planning. The reasons behind this approach are obvious. We are under develop
country industry speaking industrialise. We wont hundreds of factory and commerce of the
country. We are not going to acquire anything unless it comes in that ways all our planning the
idea which is by Hon’ble Members that kind general scheme of Nationalisation would not bring
great acquisition drastic acquisition in that way means acquisition and the layers property. That is
not good enough to raise our country about this acquisition so that we can go towards and
egalitarian society. The whole idea it is not can into picture except that is acquire strategic point
should be taken position of the State and control it. Otherwise the State and go ahead and new
State plant. The public sector and becomes bigger more and more important the letting the
private sector simultaneously. Public Sector have do the private sector there is no total advance.
If though their might be some advantage so point of view. We shall only loosing resources by
shifting to private sector to the public sector. The House will give me if I have of us to talk I do
that because I wish we were of our future Industrial Living Partner may be affect. I have no
doubt that just we were affect of steamed and electric power. The advent of electric power in the
next 15 or 20 years may be vast running of all our factory. There is another reason we should
facing resources acquisition property. We can bring which are more modern.
And If we have acquire property adjust equitable compensation. There may be rich men this
interest but many of this large property liabilities companies with the large numbers of
shareholders. When do not wish to deprive this should again of this compensation must place it
ignores existing country in India Lines advance.
We talk about socialist pertain of in is remove and higher standards and so on. That is the
activize and dynamize to best of Indian socialist the House. The appreciate this process no doubt
this may be from the top but their has been activising from the top layers too.
Gulsher Khan-2681
19/03/2024