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

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On the Economic Theory of Socialism-An Exercise in Value Theory and Its Applicability to Indian Conditions

In planning for rapid industrial growth consistent with the maximisation of social welfare, the plan- ning process cannot rest merely an the setting of physical targets (indicative or otherwise). Nor can the objective be attained only by preparing a "shelf of projects", important as this approach is.

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