ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Development Priorities-Practical Issues of Methodology and Modelling

Practical Issues of Methodology and Modelling Kalyan Raipuria In arriving at the total outlayfor the Five-Year Plans, the sectorwise allocations and priorities for the plan-period broadly follow a macro-model But we do not have a model for annual plan exercises and the prioritisation to be followed, though the sectoral allocation of resources by the planning system amounting to more than a hundred thousand crore rupees annually profoundly affects the future of the economy and the people. This paper looks at annual forecasting models outside the planning system and seeks to indicate some specifics of research and action required for development of annual plan modelling.

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