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

K C MajumdarSubscribe to K C Majumdar

Estimation of Total Five-Year Plan Investment-An Alternative to the Sixth Plan Model

An Alternative to the Sixth Plan Model K C Majumdar Debdas Bandyopadhyay This paper presents a method for estimating plan investment, sectoral as well as aggregate, along with its different components, viz, pipeline committed investment, plan investment for capacity creation during plan and post-plan periods, using a distributive lag model of investment. The model considers adequate time structure behind the accelerator type relation between investment and capacity output and expresses the total plan investment as a function of pre as well as post-terminal rates of growth of capacity output. These rates of growth, on the other hand, can be treated as unknown solution variables in a plan model and the total plan investment can be estimated consistently with plan objectives.

A Comparative Study of Sixth and Fifth-Plan Models

A Comparative Study of Sixth and Fifth Plan Models K C Majumdar M K Panda Planning models considered for Fifth and Sixth Plan formulations, though quite elaborate, need to be freed from a number of deficiencies.

Planning for Growth, Redistribution and Self-Reliance- A Comment

 Planning for Growth, Redistribution and Self-Reliance IN a recent paper1 Suresh D Tendulkar has made certain comments on the Approach Paper2 for the Fifth Five- Year Plan. This paper is a shorter version of the author's Discussion Paper3 presented earlier in a seminar. The purpose of this note is to point out that his criticisms are not at all valid, being based on serious conceptual and numerical mistakes. It is necessary to highlight these issues so that misgivings, if any, regarding the technical and numerical details4 that have gone into the preparation of the Approach Paper are removed.
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