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

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Communist Parties-Tactics All

Communist Parties-Tactics All

agriculture under the Janata dispensation seems to he getting reflected more in a drop in the proportion of the Central government's outlays going to industry than in any startling rise in the share of agriculture. According to the Economic and Functional Classification of the.1978-79 Budget, the share of industry in the total expenditure of the Central government in 1978-79 is expected to be 17.3 per cent, compared to 20.4 per cent in 1977-78 (revised estimates) and 21.2 per cent in 1976- 77 (accounts). The share of agriculture has in the meantime gone up from 5.5 per cent in 1976-77 to 7.2 per cent in 1978-79. It needs to be added, however, that both the share of agriculture and the increase in it is understated in the Economic and Functional Classification because of the large amounts of "block grants and loans" to states and union territories, the end use of which is not specified. A striking features of recent fiscal experience is the sharp increase in such grants and loans, from crores in 1978-79.

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