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

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Musing on Run-Up to General Elections

Musing on Run-Up to General Elections Arun Ghosh While Doordarshan mouths only the views of government spokesmen, most of our national news media reflect the views of one senior journalist or the other. There is little opportunity to know what is going on in the minds of the millions of our voters, interspersed through some 1.2 million square miles of territory (some of it outside our control).

Musings during a Debate on Panchayati Raj

Musings during a Debate on Panchayati Raj Pray do not sneer, hold back your frown, For every circus has its clown. You're all too serious, all too tense, But don't take leave of commonsense, What's a circus without a clown?

External Resources and Self-Reliant-Growth

External Resources and Self-Reliant Growth B P MATHUR exemplifies the rare breed of civil servants capable of independent thinking and sustained scholarly analysis; additionally, he has demonstrated the strength of character required to pursue research investigations and studies in the face of enormous practical difficulties and at con- siderable personal cost.

Delhi, the Imperial City

Delhi, the Imperial City Arun Ghosh Unlike other towns and cities of this country Delhi does not have to worry about where the money for its civic amenities comes from. There are some 800 million Indians to pay the cost of maintaining the nations show piece.

A Plea for Open Government-Case of Narmada Project

A Plea for Open Government Case of Narmada Project Arun Ghosh OF late, the science of governance appears to be increasingly oriented to secrecy in regard to the functioning of government, and efficient public relations (or PR for short) seems to have been perfected to an art, to replace open debate and to elicit support for government policies. Thus we find that the government budget today reveals less and less, even as government expenditure gobbles up an increasing share of the national product. The sources of routine, rudimentary data are denied to common citizens, not overtly but through non-availability and inaccessibility. Most official data are "for official use only"; and at times even elementary facts are held back under the Official Secrets Act.

Idle Thoughts on Idle Laws

Arun Ghosh OVER the years, in diverse capacities in the union government, I have had occasions to amuse myself by penning lampoons on various facets of administration, during long, desultory conferences with endless meaningless speeches made by all and sundry. The following piece, written in March 1981, is reproduced here in response to many letters 1 have received on the piece appearing on the history of economic thought. My apologies, in advance, to those who dislike frivolity.

The Panchayati Raj Bill

The Panchayati Raj Bill Arun Ghosh While the motives of the government in precipitately introducing the Constitution (64th Amendment) Bill may be suspect and while some of the provisions of the bill may be objectionable, the introduction of the bill is a highly desirable development, the full implications of which may not have occurred to those who have drafted it.

National Accounts and the Flow of Funds

National Accounts and the Flow of Funds Arun Ghosh The Flow of Funds Accounts of the Indian Economy published by the Reserve Bank is a useful and timely document bringing out Hie details of inter-sectoral financial flows in the economy and also throwing light on certain broad issues such as the role of financial intermediation in the growth of the economy and of saving and investment in particular.

Development Strategy and Small Industry Growth

The Small Industries Policy in India by Nasir Tyabji; Oxford University
THERE have been many studies in the past on the strategy of development of small scale units, as pan of the overall strategy of economic development in India. And yet, Tew have so far endeavoured to study the problem in a historico-thcoretical framework; perhaps none has analysed the issue in the context of the growth of capitalist enterprise and production relations in India. Despite severe limitations of the availability of data bearing on the subject Nasir Tyabjee has made a valiant attempt to do precisely that; to trace the historical evolution ot the policy, the theoretical underpinning of the historical developments, the conflict between the proponents of the Gandhian philosophy (envisaging self sufficient rural communities based on pre-capitalist modes of production) and the exponents of a capitalist form of industrial growth. The background of the official policy on small scale industries in India has two distinct (and mutually incompatible) strands. On the one side, there is the pre-independence Gandhian movement, based on a view of independent India as a nation of more or less self-sufficient village communities. On the other hand, there is the view of modern, industrialised India

Marxism and the Microchip

Rowlands' Lonrho. The Al Fayed family of Egypt had been able to outbid him in buying Harrods in 1985. Inspectors appointed by the department of trade and industry had exposed the practice of "some dubious business ethics" in obtaining Harrods. Lonrho owns The Observer weekly which ruined its image of editorial independence by producing a special midweek edition to coincide with Lonrho's annual general meeting. The House of Lords was hearing a case on the status of the Inspector's Report when Observer published some extracts.

Capital Stock, Capital Consumption and the Capital Output Ratio

Capital Stock, Capital Consumption and the Capital: Output Ratio Arun Ghosh CSO's New Series of national accounts attempts a switchover from deducting 'depreciation provision' from GDP to derive the net domestic product to estimation of capital consumption in the process of production. Two major issues arise in this connection, one theoretical and the other to do with practical difficulties of estimation.

1989-90 Budget Business as Usual

Arun Ghosh An annual budget cannot be expected to make for any major impact on the long-term issues facing the economy. However, one expects a directional change


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