CONCLUSION
 

IN our Introduction we have recalled the various stages in the preparation of the Plan which we now submit to the Government. Its preparation has been a task undertaken in partnership with the Central Government and the States and leaders of opinion in all branches of national life whose counsel we have freely sought. In many directions the Plan calls for a new and much larger effort than ever before. We feel confident that the people of India will meet the challenge of the Second Five Year Plan.

In a Plan of such wide scope there is always room for differences in emphasis which must be appreciated. Shri K C. Neogy has specially stressed that in view of the magnitude of the Plan it will be difficult to implement it in a period of five years and that deficit financing on an excessive scale may prove dangerous to the economy and may cause hardship to certain sections of the population. He has also drawn particular attention to the need for balanced development of transport and production generally. We agree that these considerations are important and should be constantly kept in view in carrying out the Plan. These aspects have also been considered fully in appropriate sections of the Plan.

JAWAHARLAL NEHRU. Chairman.

V.T. KRISHNAMACHARI, Deputy Chairman.

GULZARILAL NANDA, Member

CHINTAMAN D. DESHMUKH, Member

K. C. NEOGY, Member.

J. C. GHOSH, Member Y.N. SUKTHANKAR Secretary.

TARLOK SINGH, Joint Secretary.

May 14, 1956.

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