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

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Ecology and Nuclear Power

According to press reports, the union government is about to spend a few hundred crore of rupees on the pretext. Money will be burnt with great eclat. Economists, fond of social cost-benefit analysis in other contexts, will perhaps make themselves scarce if asked to do an objective appraisal of the net benefits of the expenditure about to be undertaken ostensibly to remind the nation what a noble colossus its first prime minister was. Nothing should be more scandalous, since economists, when they enter their profession, supposedly pledge themselves to a version of the Hippocratic oath. Just as linguists too do. And yet, there are few linguists in the country who would be willing to come forward to dissect the semantics of the Indian 'Peace-Keeping' Force in Sri Lanka. It is not just a syndrome of my-hero- right-or-wrong or my-country-right-or- wrong. The old Isolation Paradox is at work. Since none others feel obliged to observe any more the social contract, why should linguists or economists behave any differently?

Afforestation A Long and Difficult Haul

and reaction, India will provide you with a natural habitat.
The authorities have one great advantage; they are incapable of taking the long view. Once the message spreads that religious obscurantism is the password for advance inthis land, any number will get into the act. Competition will ensue between different groups over how far they could slide back into dark, darker, darkest eras. Outrageous concepts will come to enjoy a political premium. The paraphernalia high technology bequests will be put to use to propagate deviant causes of increasingly outrageous proportions. With every day, new sects and tribes will emerge, vying with one another to win the badge of the most reactionary order. Till as long as the authorities are bashful about ditching adult suffrage, each such sect will need to be placated. There will be little prospect in this climate of much economic development, most of the nation's resources will have to be deployed in the pursuit of this or that far-out target. Soon, resources will be under tremendous strain, and it will be impossible to satisfy I KEEP coming back to this theme. In fact, I keep coming back to Udaipur and talking of the environmental problems of Rajasthan as if what is happening in the countryside in Udaipur district is typical of the entire state. This is obviously not correct. But, Udaipur has the largest tribal population in Rajasthan, and parts of this beautiful district continue to be incredibly poor. Even if not wholly representative

New Strategy for Rural Development

New Strategy for Rural Development THE Reserve Bank of India issued new guidelines to the chairmen of all nationalised banks in March 1988 in regard to bank lending in rural areas (see Reserve Bank of India Bulletin, March 1988). These new guidelines are extremely important, and could have a far-reaching impact not only on rural development generally but also on the pattern of rural development, depending on the manner of implementation of these guidelines.

Banking and Decentralisation

Banking and Decentralisation Arun Ghosh The adoption in India of the US pattern of banking

Supply Side Economics-Is India Ready for the Recipe

'Supply Side Economics' Is India Ready for the Recipe?
Arun Ghosh There are very clear dangers of over-emphasising supply side policies, especially when our infrastructure is still inadequate and our savings rate is too low to give a big boost to infrastructural investments.

Monetary Demand and MonetaryTargeting

Advocates of monetary targeting recommend demand management in tune with plan investments and planned growth, via control over the volume of credit to the private sector. The snag, however, lies in the judgment over how much expansion of money supply is consistent with the 'need' for increased monetary circulation as part of the development process.

Socio-Economic Research-The Good, the Bad and the Ugly

There has been an explosion in the number of institutions engaged in socio-economic research. Most of them are in receipt of significant funds from the government of India, and many of them from unknown sources abroad as well. Are they all engaged in research work of relevance to the needs of the country?

Hrinum Kritwa, Ghritam Pivet

Hrinum Kritwa, Ghritam Pivet Arun Ghosh There is a real danger that in a few years the Indian economy would get deadlocked with large investment needs but without the requisite domestic savings and the prospects of external savings also drying up, A point of no return would then be reached when domestic borrowings would fall to provide any net resources to government and the only recourse would be open-ended deficit financing with consequent hyper-inflation.

Drug Policy An Outline for the Future

vanished. A seething wave of anger is gradually engulfing this huge multitude of denied and deprived humanity. The divide between the two Indias widens year by year. The bridges of mediation and communication steadily wither.

The Plan versus Departmental Prerogatives

The Plan versus Departmental Prerogatives Arun Ghosh THE planning commission is reported to have been described some time back by its own exalted chief as a pack of jokers. Over the years, there has, of course, been a visible dichotomy between the plan programme and the action taken by diverse departments of the government, supposed to implement the plan. Latterly, the plan programme itself has come to be modified so as to reflect administrative (instead of planning) priorities. And the planning commission has, for quite some time, been known to bend itself backwards so as to incorporate within the plan the ad hoc flashes of inspiration that appear to suffuse the thinking of whoever happens to be the head of government. (In a sense these are flashes of inspiration in that the new programmes suddenly dreamt up are essentially designed to get the maximum propaganda mileage.) In this background, the mid-term appraisal of the plan assumes a somewhat interesting role. The latest mid-term appraisal of the Seventh Plan, presented to the National Development Council recently, is, however, interesting in more ways than one. One has of late come to expect blind sycophancy from ail those who occupy positions of authority and privilege in the central government. Instead, the latest mid-term appraisal shows, at least in part, that there are still some people left in the establishment who are capable of independent, cogent and coherent thinking. The pack of jokers, it turns out, has a few aces disguised as jokers.

The 1988-89 Budget Does It Tackle Any of India s Problems

of India's Problems?
Arun Ghosh Is the budget for 1988-89 oriented to solving any of the basic problems of the economy? No; all it attempts is a window-dressing job to elicit popular support.

Decentralised Planning West Bengal-Experience

Experience Arun Ghosh This paper discusses both the underpinning of the theoretical approach and the practical evolution of decentralised planning in West Bengal It also examines the extent to which the West Bengal experiment at decentralised planning has succeeded, the problems it has faced, and the portents for the future.


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