Useless for Any Practical Purpose

THE author of this book, who has himself been involved in the work of the Indian Planning Commission from its inception, offers it as a text book for teaching the principles of economic model building. He outlines the concepts involved in multisector models and the mechanics of their construction; then describes the various models that have been offered to the planners, from Mahalanobis' first statement in 1952 upto the abortive Fifth Plan of 1973.