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

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NEW DELHI-Annual Plan

NEW DELHI Annual Plan B M THE Annual Plan for 1975-76 has been presented at last. It is an arithmetical exercise based on the Central and state government budgets. Within a few days of the appearance of the Annual Plan, the Finance Ministry has come out with its own survey of economic developments in the first quarter of the year. The Annual Plan somewhat cautiously and the Finance Ministry more confidently strike a note of optimism about the present state of the economy and its prospects. The Finance Ministry has claimed that inflation has been brought under control and that the "economy is now poised for a major phase of rapid economic expansion". A growth of five to six per cent during the current year is predicted.

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