The study by Professor Kade¬kodi fills an important gap in the existing literature on Indian planning. While there are a large number of studies on the industrial and agricul-tural sectors, extractive indus¬tries like iron ore, coal, man¬ganese, bauxite, etc have receiv-ed but scant attention from economists. Given the import¬ance of these industries as primary resources for the domestic industry and as ex¬port-earners in their own right, rigorous quantitative studies of the type undertaken here are essential inputs for plan¬ning and policy making.
The standard economic text¬book is based on the concept that every man is a ‘rational economic being’. The ‘rational economic being’ is defined as one who assiduously pursues his self-interest. These atoms (individuals) constituting society, together influence the economic variables at the macro level. Based on this assumption, the free market mechanism leads to a socially desirable situation (including the corresponding price struc-ture).
The Third United Nations Conference on the Law of the Sea which concluded its eleventh and final session in April last year, ranks in the history of the United Nations as the longest and most widely represented conference. The ‘III UNCLOS’ adopted the new convention on the Law of the Sea, which was formally opened for signature at Montego Bay, Jamaica in December 1982.
This collection of papers re¬presents an attempt by Marxist groups to understand the signi¬ficance of the nationalist up¬surges which are taking place in different parts of the coun¬try, as well as to evolve a strategy towards them. The seminar at which they were presented in Madras in 1981 was attended by a large number of political activists and radical youth groups from different states, and their ex¬perience and concern is reflect¬ed in the articles. This adds considerably to the interest of the book and also accounts for a degree of oversimplification which is present in some of the papers.
Most historians are agreed that the British Raj in India terminated in 1947. However, many publishers in England as well as in India are aware that an Indian Raj rules in Britain these days. It began in the early 1970s, probably with the BBC Radio 4 series entitled Plain Tales from the Raj, and the published evi¬dence of this post-occupation shows no sign of abating.
From what I am able to gather, American scholarship on India, which blossomed in a big way in the enthusias¬tic 1950s, has gone through an interesting change during the 1970s. The earlier concern with the sociology and politics of contemporary India has declined somewhat, and more and more scholars are turning to religion, literature, folklore, the performing arts, tradi¬tional cognitive systems, etc.
An English MP of the last century is once supposed to have sneered at ‘the noble Lord opposite, who has spent his life in writing books about books’, while he himself, hav¬ing been a district officer in India, had ‘played upon that harp whose strings are the hearts of men’. What would our MP have said about those of us who have added one more link to the chain, and are occupied in writing articles about books about books.