TITLE

HAS INDIA AN ECONOMIC FUTURE?

AUTHOR(S)
Lindblom, Charles E.
PUB. DATE
January 1966
SOURCE
Foreign Affairs;Jan1966, Vol. 44 Issue 2, p239
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article analyzes the prospects for Indian agriculture. In India, food-grain output is the pivot on which economic development swings. The most urgent demand of the population is for more to eat; the most acute problem of economic stability is keeping food-grain prices from rising too sharply as money demand outpaces the supply of food; and the core of development strategy has to be either an increasing provision of food-grains to satisfy new consumer demands in the urban and industrial sectors or deliberate retardation of industrial growth to head the new demands. Between the beginning of the First Plan and the middle of the Third, India brought 20 million new acres under irrigation. But "under irrigation" does not mean what it does in the United States. It usually means providing water on an uncertain delivery schedule and in amounts insufficient for high yield. It is a valued method of drought relief, and what is often officially claimed for it is that it helps keep production from falling badly in drought, not that it greatly contributes to a secular upward trend in production.
ACCESSION #
5811082

 

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