Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Statistical tools and techniques in perspective planning in India / P.C. Mahalanobis, Indian Statistical Institute - Calcutta - India

Collection:: Economics Books

1114 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 2 Adding to this the current requirement of 8 million tons for industries, the total demand would be about 13 million tons of steel in 1970-71. In the same way it has been estimated that the requirement of steel would reach 18 or 19 million tons In 1975. Balance of electricity: It is possible in the same way to estimate the requirements of electricity from the physical tar- gets of production for any given year. For example, the pro- duction of ferro-manganese in 1960-61 was 100,000 tons for which the electricity consumed was 500 million kwh. For a target production of 385,000 tons for ferro-manganese in 1970- 1971, the requirements of electricity would be 1,952 mil- lion kwh. A similar method of calculation was used for diffe- rent types of industries. Table A-3 in the Appendix gives the details. Steel and electricity are typical illustrations of the material balances which have been prepared in India for im- portant commodities and energy for perspective planning of the economy 15 or 20 years ahead. Perspective planning of fertilisers: The population of India ls growing roughly at the rate of perhaps g million per year. The additional quantity of food grains required for these 9 million people would be about 1.5 million tons a year. This would add up to 22.5 million tons in the first five year period not to speak of 60 million tons in the second five year period). At an average price of go dollars per ton, the cost of importing 22.5 million tons in a five year period would come to about 2.000 million dollars. On the other hand, if imported ammonium sulphate is used, each ton on an average should increase the yield of food grains by about 2.2 tons. On this basis, roughly 10 million tons of :mported ammonium sulphate would enable the domestic pro- duction of food grains being increased by about 22 million tons in a five year period. At an average price of 70 dollars per ton of fertilisers, the cost in foreien currencv would be onlv "151 Mahalanobis II - pag. 12

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