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Small Mercies From Banks

 and such other formalities are, according to official sources, under way. It has not been explained why the Government has changed its mind about setting up a corporation, but one reason could be that a company would be less subject to legislative control than a corporation. In any case, it is to be hoped that with the formation of the company the urgent tasks of accelerated development of the Marathwada region would be initiated without further delay. But along with Marathwada, other backward regions such as Vidarbha and Konkan, which are incidentally richer in terms of natural resources, deserve immediate attention. Any discrimination in this respect would, apart from widening economic disparities, lead to political controversies.

Abortion and Family Planning

 and such other formalities are, according to official sources, under way. It has not been explained why the Government has changed its mind about setting up a corporation, but one reason could be that a company would be less subject to legislative control than a corporation. In any case, it is to be hoped that with the formation of the company the urgent tasks of accelerated development of the Marathwada region would be initiated without further delay. But along with Marathwada, other backward regions such as Vidarbha and Konkan, which are incidentally richer in terms of natural resources, deserve immediate attention. Any discrimination in this respect would, apart from widening economic disparities, lead to political controversies.

Silver

parties who, in the present situation, would be compelled to oppose the move. If so, Congressmen have miscalculated, and events in Ma- dhya Pradesh amply demonstrate that the tables have been turned on them.

S T C Between Foe and Friend

 how long this "short run" is going to be. S T C Between Foe and Friend IN the discursive discussion in Parliament on the performance of the State Trading Corporation, it was possible to discern two opposite viewpoints. One view was that the STC, besides being a thoroughly corrupt, inefficient organisation, was an instrument of "Congress stat- ism" Hence the STC's operations needed to be restricted immediately. At the other extreme was the view that the STC's present inefficiency was largely the result of its small scale of operation. So its operations must be widened, its powers increased and, eventually, India's foreign trade must be completely nationalised. Both views ignore facts, as will be clear from an examination of the STC's past record and its future prospects.

Playing with Fire

 million tonnes of foodgrains in 1966. as against 7.5 million tonnes in 1965 and 6.3 million tonnes in 1964. Massive imports, together with better procurement, enabled the Government to undertake foodgrains distribution on a scale never thought of before. During 1966, 241 million persons or about one-half of the population were covered by statu- tory or informal rationing. To serve this mass of population as many as 1.41 lakh fair-price shops and' .or ration shops are working at present.

Making Turncoats Pay

quota as possible even when its absorption capacity is limited and some foreign exchange might get blocked. This risk can be overcome by basing the initial quota on recent allocations and relating fresh quotas to performance in the immediately preceding period. Disbursement by States might upset priorities but that assumes the existence or enforcement of some priorities so far; industry-wise sub-quotas can be written into the quota for each State. The advantage of this scheme would be that the small industrialist would be spared the agony of dealing with the distant Centre; he would be dealing only with the State capital for all his requirements. At the other extreme, the Centre would be rid of the bother of having to deal with a large number of applications for small amounts.

Israel s Terms

 how long this "short run" is going to be. S T C Between Foe and Friend IN the discursive discussion in Parliament on the performance of the State Trading Corporation, it was possible to discern two opposite viewpoints. One view was that the STC, besides being a thoroughly corrupt, inefficient organisation, was an instrument of "Congress stat- ism" Hence the STC's operations needed to be restricted immediately. At the other extreme was the view that the STC's present inefficiency was largely the result of its small scale of operation. So its operations must be widened, its powers increased and, eventually, India's foreign trade must be completely nationalised. Both views ignore facts, as will be clear from an examination of the STC's past record and its future prospects.

Imported Ammonia for Fertilisers. After All

quiry to Rhodesia, the stage is set for a new round of decision-making the end of which cannot now been foreseen. Lord Alport does not sound the least encouraging. According to him most white Rhode- sians want a negotiated settlement which would be sensible and honourable. At the same time he feels sure that a large number of Europeans in Rhodesia do not want a settlement and would be prepared "to see it to the bitter end". The two statements are contradictory as they were probably intended to be.

How a Calamity Was Averted

quota as possible even when its absorption capacity is limited and some foreign exchange might get blocked. This risk can be overcome by basing the initial quota on recent allocations and relating fresh quotas to performance in the immediately preceding period. Disbursement by States might upset priorities but that assumes the existence or enforcement of some priorities so far; industry-wise sub-quotas can be written into the quota for each State. The advantage of this scheme would be that the small industrialist would be spared the agony of dealing with the distant Centre; he would be dealing only with the State capital for all his requirements. At the other extreme, the Centre would be rid of the bother of having to deal with a large number of applications for small amounts.

Give the States Some Foreign Exchange

 expenditure in order to lift industry out of the current recession, but the primary emphasis has to be on better use of existing capacity in both public and private sectors. Stepping up railway orders might be the quickest but it is not the best way of reviving the engineering industry. If past mistakes are to be avoided, the returns from and costs of alternative investments must be carefully appraised.

Getting Away with Rebellion

 million tonnes of foodgrains in 1966. as against 7.5 million tonnes in 1965 and 6.3 million tonnes in 1964. Massive imports, together with better procurement, enabled the Government to undertake foodgrains distribution on a scale never thought of before. During 1966, 241 million persons or about one-half of the population were covered by statu- tory or informal rationing. To serve this mass of population as many as 1.41 lakh fair-price shops and' .or ration shops are working at present.

Towards a New Sugar Policy

 million tonnes of foodgrains in 1966. as against 7.5 million tonnes in 1965 and 6.3 million tonnes in 1964. Massive imports, together with better procurement, enabled the Government to undertake foodgrains distribution on a scale never thought of before. During 1966, 241 million persons or about one-half of the population were covered by statu- tory or informal rationing. To serve this mass of population as many as 1.41 lakh fair-price shops and' .or ration shops are working at present.

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