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

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Congress Party-In Search of a Following

at 6.6 mn tonnes compared to 6.9 mn tonnes. The 10 per cent rise claimed in investment in 1978-79 was at current prices. Considering the increases in prices of investment goods during the year, it is likely that real investment showed no increase at all. The fact that the supply of investment goods did not show any improvement supports this conclusion. All told, it is pathetic that the Planning Commission should go into such raptures over the accretion to the financial wealth of a very small segment of the population, which is what its estimates of savings in reality add up to.

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