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

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Agricultural Price Policy-Reply

crops would be a shift in agricultural inputs for their production". But then he still has a point and adds : "Assuming that this is exactly what happened, would such a development be necessarily injurious to Indian agriculture or the Indian economy as a whole ? It is, of course, true that higher foodgrains production is very vital to India's economy, but a stimulated growth of non-food- grains production is of no less importance for the overall national economy, particularly in regard to the international balance of payments." Many critics of PL 480 imports certainly did not know that the purpose of PL 480 import; was to stimulate non-foodgrains production and thus ease our position in the international balance of payments. Having informed them on this point, it was unnecessary for Dantwala to have written the rest of this section.

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