ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Rich Peasant, Our Ally

The Indian Revolution: Review and Perspectives by Mohit Sen; People's Publishing House; 1970; pp 83; Rs. 1.50.
THIS little book

Decline and Fall of Editors

ventures undertaken during the year. The total project cost of the 56 companies which approached the capital market in 1967-68 amounted to Rs 204 crores which is an increase of 38 per cent over the previous year. Existing companies accounted for a project cost of Rs 172 crores, and new companies of Rs 31 crores. Plant and machinery constituted as much as 65 per cent of the total project cost indicating that most of the projects were in the nature of modernisation and installation of additional balancing equipment.

Arithmetic of HYVP

Ekalavya THE , Planning Commissions "Approach to the Fourth Plan" assumes a 5 per cent per annum growth in agricultural production over the Plan. Since the agricultural growth rate will be the dominant factor determining growth of the economy as a whole, it is understandable that one of the points on which discussion of the 'Approach' document has come to centre is whether the growth rate of 5 per cent per annum far the agricultural sector can be. considered realistic or feasible.

Consistency as Virtue

of the lll "actually working" societies. In the same vein, in the case study on page 142, Goyal observes that "it is not possible to say with confidence if the co-operatives were running in loss or profit''. Yet, in the next sentence, he flings at us the following information "as reported a high percentage of the co-operatives was running in loss" (p 142).


bitant prices are thus unlikely to last long, and a parity of sorts will be maintained between the northern and southern prices. On the other hand, the absence of a freight pool will enable new entrants and units contemplating expansion to balance the economics of proximity to markets with the economics of proximity to raw materials in locating their plants.

Dissidents as Partners

Dissidents as Partners Ekalavya BHARATIYA KRANTI DAL which emerged from last week's conclave of ex-Congressmen in Indore is, as a political organisation, an advance over the Jana Congress formed in Delhi in December last. Jana Congress had to allow the different State parties of dissident Congressmen to retain their names and separate identities and, of course, decide on their candidates and election strategy. At Indore the party gave itself a new name, a flag and at least a preamble to a programme. It elected a chairman but postponed the election of an executive committee, leaving an 11-member steering committee chosen by the chairman in charge till next September or so by when, it is hoped, the party would be organised enough to hold elections at the State and Central levels.

Off with Their Heads

never asked. Rangnekar, who is now editor of the Economic Times raised this question: "All of us carried stories about the mid-term review of the Third Plan and even commented on the subject. But can we really claim that we faithfully interpreted and followed up what was contained in the Planning Commission's mid-term report?". The answer, of course, is a resounding No.

To Market, To Market..

devised to free implementation from archaic rules and regulations, the autonomy is subverted by the nominees of the bureaucrats on the boards of the corporations.

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