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

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NEW DELHI- Ushering in the Free Economy

B M NEW DELHI presents a picture of utter confusion these days precisely when important and one might even say critical decisions are required to be taken. So many lobbies are at work; even the various ministries and departments are themselves tending to function more as lobbies on their own or as representatives of other lobbies. The result is that there is hardly any kind of coherence or direction on the part of the government as a whole. The discussions on the annual plan for 1978 79 in Yojana Bhavan were a good indicator of this state of affairs. They became an occasion for staking large claims for financial allocations on the part of state governments as well as the Central ministries and for horse trading over these claims. In the process the Planning Commission was put in a rather awkward position. Its main function became one of pruning the claims made, mainly on the ground that resources were not in sight for higher allocations, especially as there was no assurance from either the Centre or the states that they would make the requisite effort to mobilise additional resources. It then began to be said in the corridors of the ministries and also in the state secretariats that, far from being an agency for growth, the Planning Commission was being ultra-conservative and was holding back growth.

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