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

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Lessons of Financial Liberalisation for India-Another View

Another View Warren L Coats, Jr An increasing number of countries have been prompted to liberalise their financial systems in the hope of improving the distribution of income, the efficiency of investment, and the quality of financial services, and in order to raise the standards of public service by reducing the incentives for corruption.

Money and Monetary Policy in Less Developed Countries- Survey of Issues and Evidence

In less developed countries money's role need neither be denigrated nor exaggerated, Money's traditional functions as medium of exchange and store of value remain important in these countries, but its function as a conduit of resources from savers to investors is more central to an understanding of its con- tribution to development. This view of money and monetary policy in the less developed countries has been strengthened in recent years by a growing body of theoretical and empirical work in this area.

Protective Discrimination in the United States-From DeFunis to Bakke

Protective Discrimination in the United States From DeFunis to Bakke Robert L Hardgrave, Jr The concept of equality which lies at the core of democratic aspirations in the US is, in actual practice, severely restricted; American society remains divided by stark racial inequalities.

Films and Political Consciousness in Tamil Nadu

Films and Political Consciousness in Tamil Nadu Robert L Hardgrave, Jr Anthony C Neidhart The film in South India has been a major hide of the Dravidian movement, and its effect and penetration may be measured in the spectacular rise of the Dravida Munnetra Kazhagam and in its landslide victory in Tamil Nadu in the 1967 election.

Must Muslims Become Baniyas or Kayasths

called small car will revolutionise transport for the common man". Unless the price and operational expenses of the small car can be kept "substantially lower'' than those of the existing models "the small car will be yet another model with the Government tag on it".

Indian Judicial Behaviour

George H Gadbois, Jr This is an exploratory study of the behavioural patterns of Supreme Court justices as revealed by the judges themselves in their non-unanimous decisions and by their individualistic behaviour.

1968-69 Foodgrain Production- Relative Contribution of Weather and New Technology

The New Agricultural Strategy has already made a substantial impact on agricultural growth. This impact becomes the more apparent when the relative contribution of rainfall is included in an analysis of factors explaining the 1968-69 foodgrain output.

The New Agricultural Strategy-Its Contribution to 1967-68 Production

Review of Agriculture March 1969 ever, is : whether the assorted variety of opportunistic political groupings called united fronts and other Governments that rule the States will ever agree to dilute their powers in the manner suggested by Krishnaswamy, Only a bright optimist will answer this question in the affirmative. Another suggestion of Krishnaswamy relates to the creation of river boards (on the Jines of TVA in the USA) for each one of the major rivers and the linking of major rivers into a water grid. These river boards will be inter-State authorities and would not in any way interfere with the zonal councils. While, in matter of principle, I completely agree with Krishnaswamy's view of river development, none-the-less the accomplishments of DVC, for instance, have not been very satisfactory until now. The last essay "Regulating the Mar- SOMETHING fundamental and dynamic, with far-reaching consequences, has been introduced into the agricultural scene since 1965. However, there were previous periods, such as the end of the First Five-Year Plan, when optimism was similarly widespread. With this history in mind, the first rushes of enthusiasm regarding the New Strategy of Agricultural Development have more recently been tempered with caution. Some analysts are questioning the success of the high-yielding varieties programme at this early date [1, p A-l]. For example, the Agricultural Prices Commission has written :

New Agricultural Strategy Revisited

The New Agricultural Strategy is based on concentration of high-yielding varieties of seeds and complementary inputs on selected water-assured areas. The decision to concentrate resources marked a major departure from earlier agricultural policies.

Caste Fission and Fusion

The definition of caste has come increasingly into dispute, its identification with a closed stratification system forming an organic whole is being questioned. The observed process of fission and fusion has broken down castes into new endogamous sub-units and there has been at the same time amalgamation of analogous castes for the acquisition of social and political influence.
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