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

Articles by Bhabatosh DattaSubscribe to Bhabatosh Datta

Strategy, Policies and Facts of Life

Strategy, Policies and Facts of Life Bhabatosh Datta Some Aspects of Development Strategy and Policies by V V Bhatt; Vora and Co, Bombay, 1978; pp 181, Rs 30.

Regional and National Planning

Regional and National Planning Bhabatosh Datta Regional Planning and National Development edited by R P Misra, D V Urs and V K Natraj; Vikas Publishing House, New Delhi, 1978;

Our Crumbling Federal Finance System-Seventh Finance Commission s Award

Seventh Finance Commission's Award Bhabatosh Datta The Seventh Finance Commission's recommendations, while making all states richer in non-Plan resource than they had probably expected to be and despite the intention of securing 'progressiveness' according to needs, have in fact increased the inequalities among the states, as compared to the position under the Sixth Commission.

Towards a Need-Based Polity

mand, the wants are limited only by the operative constraints on the power of some to divert towards them the outputs of others, either through political or social command, or through the possession of purchasing power.

This Is Wrong, but What-Is Right

This Is Wrong, but What-Is Right? Bhabatosh Datta The Paradox of Static Change: Lectures on Under development by Vinod Vyasulu; Sterling Publishers, New Delhi, 1977; pp 168, Rs

Small Is Big-A Critique of the Industrial Policy Statement

January 21, 1978 and May 1923, 3-5 A; on the post- and May 1923, 3-5 A; on the post- 1947 experience, the sources are interviews with an ex-Minister of Health 4nd an ex-Director-General of Health Services, and the Minutes of the Centra] Council of Health.

Useful Empirical Analysis

November 26, 1977 Industrialisation and Management: Problems and Perspectives by Samuel Paul; Somaiya Publications, Bombay, 1977; pp 280; Rs 60.

Planning for Rural Banks

Planning for Rural Banks Bhabatosh Datta Everything possible should be done to extend banking into the rural areas and there should not be any rigidity in the approach. There are areas in which the best line of action will be to use the cooperative primaries

Growth at Any Cost

Growth at Any Cost Bhabatosh Datta Japan: An Economic Survey, 1953-73 by Andrea Boltho; Oxford University Press, London, 1975; pp 204,

Classics on Indian Banking

Classics on Indian Banking Bhabatosh Datta THERE are different ways of celebrating a centenary, some more glamorous than others. The State Bank of India has done an excellent service to the students of Indian banking by reprinting three rare books on the subject, on the occasion of the centenary of the Presidency Banks Act of 1876. The Act of 1876 brought all the three Presidency Banks under a common legal framework and it remained the basic law for these three banks until they were amalgamated as the Imperial Hank of India in 1921. A full history of the Imperial Hank of India, starting with the establishment of the Bank of Calcutta in 1806, which became the Bank of Bengal in 1809, is .still awaited, but meanwhile everyone interested in the subject will be able to collect extremely interesting information from the books that have now been made available in the form of xerox reproductions.

The Banking Structure A Re-Appraisal

The present structure of banking has been unsuccessful in attaining the desirable kind of branch expansion and in advancing adequate credit to agriculture and other high-priority sectors, and Juts succeeded in creating a wasteful overlapping of services and an inefficient country-wide network of communication tangles. One has, therefore, to think of a new structure.

Perspectives for Fiscal Policy

Bhabatosh Datta THE fiscal year 1976-77 will open in conditions which are substantially different from those which hove provided the background for the budgets of the recent past. One had come to take a rapidly rising price-level fed by government deficits, production below capacity and speculative holding of goods as the normal feature of the, economy. And it appeared that neither fiscal policy nor monetary controls could bring about any perceptible change in the situation. That position has obviously changed. Within the last year, the price- level has become fairly stable, as a result of a package of monetary and other measures, Increase in essentia! outputs and large Imports. The agricultural output has been remarkably good and the production of foodgrains has reached a record level. The industrial output has not caught up with the original plans, but it is also

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