Approach to the Third Five Year Plan is a broad subject, and the contributors have interpreted its scope rather liberally. The topics brought under discussion range from Objectives of Planning to Size and Pattern of Investment, including Finan..
This brings us to the question of size and pattern of investment. The degree of effort we are prepared to put in determines the size and pattern of investment in each phase of planning and this latter in turn determines the duration of transit..
No drastic changes in organization have been suggested in any of the papers; there is general appreciation of the urgency to keep within the democratic framework. This certainly is refreshing. In a world where planning has been almost insepara..
Let us take stock of the achievements and shortcomings of the Second Five Year Plan before we introduce ourselves to the Third Plan. The achievements of the Second Five Year Plan are not inconspicuous, judged by the rate of growth and the incr..
According to whether one turns one’s eyes on the deficiencies or the achievements of the Second Five Year Plan one tends to become a pessimist or an optimist in one’s conception of the Third Plan. And this is what has happened here..
The really controversial aspect of the Third Five Year Plan is its size. The draft outline places the total Plan investment at Rs 10,200 crores (at 1958-9 prices), of which Rs 6200 crores will be in the public sector and Rs 4000 crores will be..
It may be argued that there is nothing sacrosanct about the model projection given in the Second Five Year Plan and that the ground lost is irrevocable. It may also be argued that public response to planning in our country has been low, as ind..
The economist has a tendency to turn a pessimist. A certain degree of pessimism is imposed upon him by the fact that he takes ‘scarcity’ as the basis of his science. If resources are scarce, obviously there is a certain natural lim..