Beams of Growth

Season of Mists 23 Akalls' New Mood 25 World In Favour of Non-Revolution 29 Rigging in Backyard 31 Beams of Growth WHILE the contours of the new Fourth Plan are still uncertain, there is evidence in plenty of a general revival in the economy. The food situation is on the whole relatively easy and prices are fairly stable. Prosperous farmers are geared to fresh commercial opportunities. Industrial production has picked up, wagon loadings have distinctly improved, and even machine-tools have started moving. The trade gap has distinctly narrowed. Banks are flush with liquidity and the capital market is no longer sluggish. Barring sporadic outbursts, industrial labour is cowed down with fear of unemployment and reduced earnings. Almost every large well- managed company is poised for further expansion. G D Birla, whose vision of business prospects is never to be underestimated, has predicted a boom for the private sector.