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In Slough Of Despond ON APRIL I, 1938, Gandhi proceeded to Calcutta to attend 'the Congress Working Committee meeting. One of the important resolutions adopted by the committee was on the subject of discrimination against commercial enterprises in India. Gandhi's views expressed from time to time were embodied in the resolution : "The Working Committee view with grave concern the rapid increase in the number of companies owned and managed by foreign nationals and describing themselves with designation such as 'India Ltd.' or with similar words in the hope, or with the object, of being regarded as genuine Indian concerns. The establishment of these companies has the effect of robbing India of such advantages or benefits as are expected from the policy of discriminating protection which has been pursued by the Government of India for the development and growth of Indian industries.