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

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Congress-Absentee Rulers

Congress-Absentee Rulers

assumptions, about the role which could be played by public undertakings in alimenting their internal savings almost belong to the category of wishful thinking. A larger impost on agricultural holdings perhaps offers the only viable scope for raising additional public savings. But given the existing political alignments, which would not perhaps allow even a. marginally stiffened levy on land holdings, savings over and beyond what have been assumed in the draft Plan are unlikely to come forth. The academic essay to which the draft has already been reduced would therefore prove to be unsalvageable.

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