Foreign aid and India's economic development

By:

"Mittal , A. C."

Material type: Text

TextPublication details: New Delhi; Commonwealth Pub.; 1988Edition: 1st edDescription: 432: illISBN:

8190006649

Subject(s):

Foreign assistance

DDC classification:

338.91 Mit

Summary: The government of India has given due recognition to the important role that external economic assistance can play in supplementing domestic sav ings, for securing capital goods and technical know-how, as also to import consumer goods as and when the domestic supply position necessi tates. At the time of Independence, resource for development were very meagre, the prospects of mobilising sizeable fund none to bright and the problems crying for solution so big that the government decided to seek foreign capital, both type of capital; equity capital seeking profits and con cessional capital; were sought. How ever, adopting a liberal policy towards foreign equity capital certain safe guards were provided right from the begining to ensure that this is not used against the national Interest.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	338.91 Mit (Browse shelf(Opens below))	Available		41098

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Previous	338.91 LIP Dose aid work in India ?	338.91 LIT International aid	338.91 MEE Meeting the challenge of industrialization	338.91 Mit Foreign aid and India's economic development	338.91 OUR Our response to the poorest of the third world / edited by Anthony Jennings	338.91 PAT Foreign aid	338.91 POL Political economy of development	Next

The government of India has given due recognition to the important role that external economic assistance can play in supplementing domestic sav ings, for securing capital goods and technical know-how, as also to import consumer goods as and when the domestic supply position necessi tates. At the time of Independence, resource for development were very meagre, the prospects of mobilising sizeable fund none to bright and the problems crying for solution so big that the government decided to seek foreign capital, both type of capital; equity capital seeking profits and con cessional capital; were sought. How ever, adopting a liberal policy towards foreign equity capital certain safe guards were provided right from the begining to ensure that this is not used against the national Interest.

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