MAHAL ANOBT 
[ am practically in agreement with all the points made in thi 
paper. I should just stress two or three points which seem to me {uv 
de of particular importance. Firstly, industrialisation as an essential 
condition for improvement of agricultural production. There has 
been a lot of unnecessary controversy in a country like India by 
raising the question which must you emphasise more, industry or 
agriculture? Both of course; there is no conflict between industry 
and agriculture. It is a simple but an extremely important point. 
Secondly, I was very much interested to see, on page 19, the 
sstimate of rate of growth of 3.5 per cent to 4 per cent in agriculture; 
such a rate of growth is absolutely necessary for economic develop- 
ment. In India it is necessary to have a rate of growth of the order 
of 7 per cent per year for the economy as a-whole. With population 
increasing more than two per cent per year, the per capita income 
would increase at the rate of 5 per cent per year and would double 
roughly in 15 years which would give some cause for hope. To 
achieve this it is necessary to have a rate of growth of the order of 
4 per cent per year for agriculture. 
I should also entirely agree that demand estimates can be extre- 
mely useful; we have found this in India. In calculating income 
statistics, we have used a special method of arranging ‘he sample 
Johnson - pag.