Machine transcription
MINES AND INDUSTRIES
His Majesty the
King formally
opening the Gul-
bahar Textile
Mills. The Minister
of Mines and
Industries and the
President of the
Textile Company
are seen on either
side of His
Majesty.
The Ministry of Mines and Industries,
which is entrusted with the task of
organising Afghanistan's industry and
mineral resources, has made considerable
progress during the fourth year of the
Plan. The Plan aims at establishing an
equilibrium between the economic
structure of the country and the produc-
tion of consumer goods in order to pave
the way for economic progress in the
future and to raise the immediate standard
of living of the people without importing
a heavy amount of foreign goods.
To achieve this the Government has
invested heavily in basic industries such
as petroleum, coal, electricity and cement
while free enterprise was given the
opportunity to make investments in con-
sumer goods such as textiles, porcelain,
and so on. Sometimes when the need
arises, both Government and private
capital is utilised to start a new industry,
but generally private capital is put into
short term enterprise.
THE DEPARTMENT OF INDUSTRIES
The Departmen of Industries works as
a liaison between the Government and
various industries in connection with
Government investment and is also con-
cerned with the protection of private
industries by providing them with low
rates of exchange, exemption from
customs duty on their imports of
machinery, building materials and raw
materials, granting credits and arranging
special training courses. Further, the
project Bill for mines and petroleum
which was presented to the Parliament
should prepare the ground for more
Government, private and foreign invest-
ment in mines and petroleum.
The Gulbahar Textile Mills, which con-
tain 43,000 spindles, 1,200 automatic
34
Roughly two thirds of characters agree with a modern printed edition of the same text. Much of the disagreement is editorial, not misreading. Treat the transcription as a finding aid and read the page image before quoting. How this was measured.
