He is in the habit of referring to a number of books and making quotations from a number of them published in America or in other countries and particularly by some of the professors. I would also like to mention to him that even when companies are floated it requires a certain amount of confidence amongst the investing public and it is because a particular firm is managing a particular company that this confidence is created in the investing public. Even there & as the Hon. Finance Minister has said, there is a sort of overall tight control. New banks and insurance companies are not floated now a days. What you have are the few banks which are existing and the few insurance companies that are existing. The other point is that & the credit-worthiness $ of the managing agency firm does count to a certain extent in getting credit from the banks and other financial institutions. In conclusion, I would like to say a word in regard to employment, with which I have & been dealing so far. According to the figures supplied, the number of displaced persons from Bangladesh employed through employment exchanges is only 37,000! This is very meagre, compared with their total number which comes to 32 lakhs, according to the official figures. This is with regard to Bangladesh refugees. The number of displaced persons from Pakistan employed through employment exchanges, is not encouraging, but still is 75,000! I would urge upon the HON. Minister to take this into consideration and see @ that something is done to find employment& for these people. Of course, there is some expenditure incurred on general education and vocational training, but when we look at the number of persons who have been given vocational training! We find that the number already trained and under training is only 17,000. This figure also seems to be very small, considering the magnitude of the problem before us. Still, more important than this re-organisation of the administrative set-up, wherever necessary and desirable, is the question of the efficient, loyal and willing service of the employees. And in that connection, I am sorry to state that some of the aftermath of the central government employees strike still continues even in this department which creates a certain amount of heart-burning among the employees.
