Madras Agricultural Journal
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Research Article | Open Access | Peer Review

Magnitude of the Plan

Volume : 39
Issue: Feb-feb
Pages: 44 - 47
Published: November 08, 2023
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Abstract


The National Plan may involve deficit financing of 200 crores if no further foreign assistance is forthcoming. In the State Plan, the propor- tion of prospective items is even larger. Nonetheless, it is criticised that the finances of the plan are of a small order, the total increase in expenditure being stated by the Commission to be an increase of only 10 per cent of the current year's figures, as against an increase of 100 per cent which has taken place since 1947. It is argued that from such expenditure the "sensation of change", which the Prime Minister con- sidered necessary to transform the attitude of the people, cannot be expected.

DOI
Pages
44 - 47
Creative Commons
Copyright
© The Author(s), 2025. Published by Madras Agricultural Students' Union in Madras Agricultural Journal (MAJ). This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited by the user.

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