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

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Tasks before the Economists Panel

Tasks before the Economists' Panel V K R V Rao I WELCOME the setting up of an Economists' Panel by the Prime Minister to advise her on matters relating to national economic policy. The Panel she has constituted is compact and business like and its members are' rich in knowledge and experience and the resulting expertise; and it is headed by m economist whose social commitment is of a conspicuously established character as shown by his contribution to the first draft outline of the Fifth Plan, The country has great hopes in the ability of the Panel to offer constructive policy solutions to the Indian economic, and social problem and I count myself as one who shares these hopes, The problems we face relate both to the the short-period and the long-period; and I don't see them easily dove-tailing into each other. It is true that in the long run, we are all dead; but this applies only to individuals and not to the community or the Indian nation. In any case, we do not want our country to die. It is therefore essential that whatever we do for the short-period should also be in the interests of the long-period and not be a hindrance to its achievement. Our long-term interest is an India free from mass poverty and unemployment, with a reasonable measure of equality in its structure of incomes and wealth, with social and economic viability and stability, and a political system that will retain the democratic values which lay behind the constitution we gave ourselves in 1950. This tying up of short-term policies with longterm interests in one of the imperatives of national economic policy; and one expects the Economists' Panel to do this or at any rate draw clear attention to the long-term consequences, of anv short-term policy that may currently be followed or that they may recommend for the country.

Inter-State Variations in Population Growth and Population Policy

Inter-State Variations in Population Growth and Population Policy V K R V Rao The rate of population growth reached in 1971-81 needs to be drastically brought down in the next two decades if India is not to face an intolerable population situation by the beginning of the next century. For effecting the desired reduction in the combined crude birth rates and death rates at the national level, analysis of interstate variations and rural-urban variation serves as pointers to the demographic policy to be followed.

Measurement of Poverty-A Note

Measurement of Poverty A Note V K R V Rao I AM grateful to V M Dandekar for resurrecting the paper I had presented at the International Statistical Conference in 1977 in the course of his Kale Memorial Lecture on 'Measurement of Poverty' published in the July 25.

Some Nutritional Puzzles-A Note

A Note V K R V Rao Is there a trade-off between calories from the non-cereal groups and the cereal groups or the dominant carbohydrate groups and the others? Does the nutritional minimum involve a range of calories, each associated with a different mix of the food groups? Is there a given minimum of each nutrient which must be consulted for securing adequate nutrition and which does not permit inter-changeability or trade-off against each other? These are all questions which need answering if we want to use nutritional criteria for determining food production and distribution policies; and they also become relevant when considering food technology for the purpose of making up deficits in needed nutrients other than just calories.

Savings, Capital Formation and National Income

National Income V K R V Rao The Indian economy has reached a high rate of domestic saving and capital formation and yet poverty and unemployment seem to be on the increase. The level of growth is nowhere near that reached even by the middle level industrialised countries even though the rate of saving and capital formation seems to be approaching their level. Why is it that in spite of a high rate of capital formation, the rate of growth is low and why is it that in spite of an increase in the rate of saving there is an increase in poverty?

Changing Structure of Indian Economy-As Seen through National Accounts Data

Changing Structure of Indian Economy As Seen through National Accounts; Data V K R V Rao The Analysis of national income data attempted in this paper brings out the fact of important struc- tural changes having taken place in the Indian economy during the period 1950-51 to 1976~77.

Many Languages, One Nation Quest for an All-India Language

Many Languages, One Nation Quest for an All-India Language Nearly three decades have passed gari script shall he the official language ofstates, with a transitional period for theor the regional languages as the case may V K R V Rao since the Constitution laid down that Hindi in Devnathe Union and regional languages the official language of the continuance of English and its progressive replacement by Hindi he. It is obvious in all these years, the country has not suc ceeded in implementing the language provisions of the Constitution. With the advent of the Janata government at the Centre and the near-total defeat of the Janata party in the Lok Sabha elections in many non-Hindi states, new apprehensions have arisen in the non- Hindi areas about the language issue. This is therefore an opportune time to have a fresh look atgress made in the implementation of the solution provided by the for the future:

Rationalisation of Centre-State Financial Relations-Issues before the Sixth Finance Commission

Rationalisation of Centre-State Financial Relations Issues before the Sixth Finance Commission V K R V Rao The first part of this paper deals with the terms of reference of the Sixth Finance Commission, with special reference to the changes made therein and the implications of these changes for the Com- mission's recommendations.

Water Management A Neglected Aspect of Indian Agriculture

Water Management: A Neglected Aspect of Indian Agriculture V K R V Rao No programme of agricultural development by way of modernisation or use of new high-yielding seed' or large inputs of fertilisers can succeed without adequate supply of water and without proper water management for agricultural purposes. This must be accompanied by an appropriate ayacut development programme which is properly the responsibility of the agricultural department in the States.

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