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From 50 Years Ago (10 June 2006)

of the present Mission is more general, viz census, rates of population growth in the inter- FROM 50 YEARS AGO to study the Indian economy, particularly the census period is a matter on which opinions Second Plan and to give its opinion about are bound to differ pretty widely. Some data the general creditworthiness of India as a believed to be reasonably reliable that have borrower. It is only after the present Mission been collected show a remarkable fall in has reported will the World Bank be in a the death rate. As there is no such evidence position to consider finance for specific about a decline in the birth rate, one is free Vol VIII, No 23, June 9, 1956 projects for which assistance may be sought to draw one

FROM 50 YEARS AGO of the present Mission is more general, viz census, rates of population growth in the interto study the Indian economy, particularly the census period is a matter on which opinions Second Plan and to give its opinion about are bound to differ pretty widely. Some data the general creditworthiness of India as a believed to be reasonably reliable that have borrower. It is only after the present Mission been collected show a remarkable fall in has reported will the World Bank be in a the death rate. As there is no such evidence position to consider finance for specific about a decline in the birth rate, one is free

Vol VIII, No 23, June 9, 1956

projects for which assistance may be sought to draw one’s own conclusions, particularly

from it. when elimination of epidemics and the majorWorld Bank Mission Of the many rates of growth, the one that diseases that are responsible for the largest (Weekly Notes) seems to have concerned the Mission most number of deaths is one of the main items of

is the rate of growth of population, not the the health programme. Some of these have

The World Bank Mission has completed its rate of growth of the working population, already shown results, e g, the control and study tour but has not yet concluded its labours i e, of those entering the working age group elimination of malaria, and in the next few by any means. That it intends to do by writing – providing employment is a social problem years the results are bound to be even more out its report in the salubrious climate of that is a headache for the Government of the impressive. The decline in the death rate in Kashmir, which at this time of the year is country – but the number of new mouths to the population of cities is another remarkable cooler than Washington. It is not usual for the be fed is the basis for all other estimates. phenomenon. World Bank to make block, all purpose loans. Different estimates have been made of this All these add up to a rate of population Every loan has to be for a specific purpose rate of growth. In the absence of reliable vital growth which, according to some of the and each loan application has still to be statistics or data about the number of women demographic experts, knocks the bottom out scrutinised and judged on its merits. The object in the reproductive age group in the last of Planning Commission’s basic estimates.

Economic and Political Weekly June 10, 2006

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