Articles by Ashok V Desai

Medium-Term Industrial Prospects Ashok V Desai This first approach to a medium-term, three-year forecast for the Indian economy suggests that the recent sluggishness in industrial growth has been caused by erosion of profit levels and the need for structural adjustment. Profit levels are now rapidly recovering to satisfactory levels. Structural ad- justment is being slowed down by restrictions on import of equipment and technology, but it could still proceed at a respectable pace, The chief bottle-neck is, however, likely to he the balance of payments position, which will become so difficult in the next two or three years as to rule out industrial growth at more than 5 per cent per annum.

Ashok V Desai Dearness allowance can be fixed on the basis of a spatial cost-of-living index.
It is impossible for non-official economists to construct such an index for a sufficiently large range of commodities arid cities and to keep it up to date.

Fertilisers and Hydrocarbons Projections Upto 1980 Ashok V Desai Ramesh K Bhatia These projections show that the basic choice is between the import of crude oil for refining and the import of ammonia.

than that. The failures of great organisers, according to him, have also emanated from the failure "to provide channels for promotion" in the organisation. Ideology, class interest, moral ethos, conscious determination of the voter, all seem to be irrelevant for him in political organisations. The opposition, in his view, has scored only because of new electoral techniques "rather than due to any appreciable shift in voters' preferences".


Ashok V Desai The study of the growth of the Indian economy attempted here brings out the slowdown in the rate of growth of machinery output and the growing bias towards consumer goods in the pattern of growth.