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

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Other Side of Oil Crisis

THE so-called crisis in the international payments mechanism has been upon us for quite some time. When the oil-producing Arab world raised petroleum prices by 400 per cent at one stroke, the already failing international monetary system founded at Bretton Woods seemed to have received an almost mortal blow. The international 'aidocracy' and 'tredocracy' rushed in to draw a picture of impending disaster and then proceeded to conjure up one ameliorative plan after another: the oil facility Mark I, 1974, and then the oil facility Mark II, 1975, to be supplemented by the 'safety net for the affluent industrial countries.

Why a Food Crisis

Why a Food Crisis? Ernest Feder THE so-called food "crisis'' results from the sudden convergence of spectacular short-run and less clearly discernible long-run factors. The former

Planning The Next Necessary Stage

Planning: The Next Necessary Stage Deb Kumar Bose IN a country like India, with its vast territory, centralised planning has its limitations. A central authority can plan for industries whose technological co-efficients are given and whose products are valued for their national significance. Usually, these are large- scale units. They often depend for their inputs on raw materials transported from distant regions; their products are again distributed over different parts of the country. At the current stage of development in. the country, the large industries can achieve economies of scale only when they can cater to markets spread over large areas in the country, as the size of the markets in the regions neighbouring the industries is not big enough to absorb their products. Planning of investments in such industries has to be undertaken keeping the total economy in view. Concurrent with industrial planning, the central authority has to plan for transport and communication systems to provide the necessary support to the industries.

Totems and Taboos of Left Mythology

Pranab Bardhan Ashok Rudra IT would be difficult to deny that in this 'country's political thinking the left-right distinction has increasingly become less a scientifically valid classi- ficatory tool of politico-historical analysis and more a matter of attaching labels, of branding persons or parties on considerations which are of the nature of dogmas. The idea of left and right, of progress and reaction, has a history of more than two hundred '.years and if one'were to apply criteria derived from the tradition of thought of "Scientific Socialism" to present-day "India, one would perhaps classify as leftist economic policies or political programmes (or persons or parties working for them) that aim at a reorganisation of the society so as to lessen the political power of and finally eliminate classes that are at present dominating the society and deriving maximum advantage from its present organisation and to increase the political power of the exploited toiling masses, of which the organised industrial and white-collar working classes no doubt constitute; an important segment but also consist predominantly of poor peasants and landless labourers. If one were thinking, each time one made the left-right distinction, of those two opposed class interest groups, keeping in full view the internal contradictions that unavoidably exist within the two groups, one would probably be making the distinction meaningfully. But much too often that is not how it is done.

World Crisis, Class Struggle and 1984

World Crisis, Class Struggle and 1984 Andre Gunder Frank WE are in a crisis and unless the class struggle goes our way, we are heading straight for 1984, the real 1984, much closer and much more real than that of Orwell. We have a lot of evidence and manifestations that there is a crisis: Watergate, the mis-called energy crisis, the financial crisis, the change from bipolarity to multi- polarity in Kissinger's world, and so on. I suggest that these are only the manifestations and that what is at the bottom of the crisis is that we are again in a major crisis of accumulation, which capitalist development has always witnessed. In order not to go back into history too far here

Too Many Seminars

I knew what each of them would say and they all knew what I was going to say, but I had to go. Why? Because I am an academic call-girl." "Foundations have to spend their funds, sponsors must find projects to sponsor. Programme directors must have programmes to direct. It is a perpetuum mobile which circulates hot air." From Arthur Koestler's tragicomedy, "The Call-Girls''.

On Keeping Silent

On Keeping Silent EACH day brings news of a novel way in which our leaders have violated the law. Each day we hear of yet another norm that has been struck down. Each day brings news of a fresh scandal.

Maze of Manipulative Politics

the developed countries as projected by the OECD, the cost of import of manufactures would go up by at least 10-15 per cent, even without any increases in the quantities imported. The domestic trends in production of a number of important products such as oilseeds, cotton,etc, are not favourable and so one should not rule out the possibility of an added burden on account of imports of these commodities.

Relevance of Raja Rammohan Roy Some Moral Implications

 developing countries and to study and devise possible arrangements within the International Monetary Fund so as to mitigate the effects of inflation in developed countries on the economies of developing countries. It calls for adequate and orderly creation of additional liquidity with particular regard to the needs of the developing countries through the additional allocation of Special Drawing Rights (SDKs) based on the concept of world liquidity needs to be appropriately revised in the light of the new international environment. It seeks favourable conditions for the transfer of financial resources to developing countries, the formulation of an international code of conduct for the transfer of technology and also an international code of conduct for foreign capital in order to prevent its interference in the internal affairs of the countries where it operates.

Recognition to Teachers, At Last

GIAN AGRO INDUSTRIES is setting up a plant near Ganaur in Haryana, for the manufacture of 900 tonnes of guar gum powder, 937 tonnes of guar, split, 4,200 tonnes of un-dehusked chuni and 1,125 tonnes of dehusked chuni. The raw material, guar seed, is available in abundance in Haryana and the neighbouring states of Punjab and Rajasthan, which together account for about 80 per cent of the country's production. The project is estimated to cost about Rs 35 lakhs and is intended to be financed by share capital of Rs 19 lakhs and a term loan of Rs 16 lakhs from Haryana Financial Corporation. The company expects to commence trial production by the end of 1974 and pay a maiden dividend of 10 per cent for

Science and Civilisation

 most ordinary happenings around us are as much relevant to physical science as experiments conducted in a laboratory (filled with gleaming steel and glass cages of sophisticated equipment: to be able to view the world around us scientifically; these are challenges to our gifted and excellently trained scientists.

Science and Indian Society

Science and Indian Society E C G Sudarshan THE twenty-five years since Independence have seen a phenomenal expansion of scientific programmes and growth of national science laboratories. The Council of Scientific and Industrial Research (CSIR) and the Atomic Energy Commission (AEC are major partners in this national undertaking with equally substantial, but perhaps less spectacular, contributions from the Indian Council for Agricultural Research (ICAR). The research undertaken by various university laboratories has grown significantly in quantity. The number of scientific workers has increased phenomenally and equally has grown the quantity of scientific output measured in terms of research papers and reports. The national expenditure on science research has steadily increased, and while it constitutes a smaller percentage of the gross national product than in many of the prosperous technologically developed countries, it seems to be steadily increasing towards that target.


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