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The Size of the Fourth Plan-Some Implications
Some Implications Sudhin Kumar Mukhopadhyay It is argued here that the outlay of Rs 23, 750 Postulated in the Draft Outline of the Fourth Plan cannot achive the target of creating 19 million new jobs without significantly lowering the capital-output ratio for the economy-ie, without lowering the level of technology and product- We are thus faced with a choice among:
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