The Crisis of Indian Planning: Economic Planning in the 1960s and Impact of Assistance under P.L. 480 on Indian Economy

1969 ◽  
Vol 45 (2) ◽  
pp. 374-375
Author(s):  
Maurice Zinkin
2017 ◽  
Vol 4 (1) ◽  
pp. 109-126
Author(s):  
Alexander Bubb

AbstractFrom the 1960s to the 1990s, the corrupt building contractor was a stock-villain of Bombay cinema. He was, this article argues, emblematic of crony capitalism prior to the liberalization of the Indian economy. This filmic role was, however, foreshadowed by his depiction as cynical accomplice and profiteer of British rule in fiction of the early and mid-twentieth century. Furthermore, the figure’s ultimate origins lie in colonial literature, in which he is often identified as a threat to the British civilian community that nourished itself with the ideal of its disinterested civilizing mission. This article traces the genealogy of the contractor-as-villain in fiction and film, demonstrating a continuity of themes, and persistence of concerns, across the work of Rudyard Kipling, Flora Annie Steel, Premchand, R. K. Narayan, and Mahasweta Devi. Using historical sources to contextualize these texts, it will also suggest possible explanations for the ubiquity of contractors in the Indian economy.


Man ◽  
1969 ◽  
Vol 4 (2) ◽  
pp. 321
Author(s):  
J. T. Haines ◽  
Paul Streeten ◽  
Michael Lipton
Keyword(s):  

Author(s):  
Madhubala Maurya

In this chapter, I have analyzed economic thoughts of Dr. B. R. Ambedkar, mainly economic ideas reflected in his writings such as, ‘The Problem of Rupee: Its origin and its solution’, ‘The Evolution of Provincial Finance in British India: A Study in the Provincial Decentralization of imperial finance’, It can be said that Indian economy at present is facing many problems similar to that at the time of Dr. B. R. Ambedkar as instability of money leading to inflation, its socioeconomic implications and its unequal effects on various strata of society, uneconomical public expenditure and rising fiscal deficits, increasing inequalities of income and wealth, and so on. Are Ambedkar’s economic thoughts relevant to understand these problems as well as to provide its solutions? Analyzing his economic ideology, it can be said that India could have been more inclusive if his ideas had been followed in its true spirit. So we can say that India needs to follow his economic ideology in her short term as well as long term economic planning and policy making to shape Inclusive India.


Author(s):  
K. L. Datta

The first four decades of planning are characterized by rigid state control and regulation on economic activities. This period witnessed the syndrome of low savings–investment and low growth rate. This chapter makes a crtitical assessment of the features of planning and concludes that the state control and regulation retarded the growth rate in this period, especially in industries. Observing that the policies in this four-decade period traversed from forceful attempts by the state to capture the commanding heights of the economy and nationalization of private enterprises in the 1960s and 1970s to initiate measures to widen the scope of the private sector and extending its area of operation in economic activities in the 1980s, it goes on to detail some of the events, which placed the Indian economy on a sound footing despite the average growth rate being low.


1974 ◽  
Vol 9 (4) ◽  
pp. 397-410 ◽  
Author(s):  
Jack Hayward

THE COMPARATIVE STUDY OF NATIONAL ECONOMIC PLANNING WAS fashionable in the 1960s at a time when the French model had become extremely popular in Western Europe. However, analyses of planning experience were then generally inhibited by a preoccupation with descriptions of the formal planning procedures rather than with any serious attempt to assess anything but the economic consequences of planning. (Andrew Shonfield's classic study of Modern Capitalism was a conspicuous exception to this criticism.) Attention was focused on plans as official documents rather than upon a set of planning practices that might be only remotely related to any formal statement of public policy. Planning was viewed too much from the forecasting end rather than the implementation end and the rationality of objectives became more of a preoccupation than the practical problems of translating them into reality. A normative model of efficient decision-making was all too often assumed to be readily transposable because of a wholly unrealistic notion of the ways in which organizations work.


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