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

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Congress Session

January 10, 1976 It may be argued that these are long- term issues, whereas the Report on Currency arid Finance is concerned with reviewing developments in a particular year. However, short-term developments and the measures adopted to deal with short-term problems have necessarily to he assessed against the perspective of the country's development in the long run. Hence the importance; of targets for growth of' saving, investment, and employment. Hence also the importance of priorities for (production and capacity-creation. In the absence of targets and priorities, so-called short- term measures of the type that we have seen an abundance of recently may take the country farther from the goals of expanding employment and eradicating poverty.

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