I am glad that different sections of the house have stated their views on this very important problem. I am glad this subject has come before this house and also the other house. I can readily and immediately assure all sections of the house that the government is not only interested, is not only sympathetic, but this also anxious to take action in the matter. I made that position very clear when the industrial disputes act was discussed in this house as well as in the other house. I had stated clearly that the government was anxious to see how best it could bring the working jouranlists within the scope of the industrial disputes act. In fact, Sir, when the times of India workers case came before this house in the form of a short notice question, I immediately tried to do my best and tell the employers that, whatever the definition be at the present moment, about which we are carefully looking into, the employers should give the same benefit to the working journalists though they do not come within the purview of the definition or though there are doubts whether they come or not. I am happy to say that the employers have agreed to my suggestion and are trying to carry out the suggestion, namely, giving the advantage of the benefit to the working journalists also. No doubt, a case has been referred to by my hon. Friend, the mover of the resolution. The most important factor for this is that we have been to develop a good banking system which did not crush with the developments in the banking system elsewhere in the world. That was because we have created the public sector banking system here and not the private sector banking system which permitted all kinds of loans, all kinds of advances to people, which resulted in a crash. The world situation, the world recession had two implications for us. One is that the international borrowing or international flow of funds to Indian economy was coming down. As a result the investible resources within the country have come down.
