Estimates Committee Hundred and Third Report: 1965-66 (Classic Reprint) - Hardcover

Inhaltsangabe

Excerpt from Estimates Committee Hundred and Third Report: 1965-66

In the planned economy of a country, science has to play an im portant role. Science and technology can make up for deficiencies in raw materials by providing substitutes. In industrialising a country, a heavy price has to.be paid in importing science and technology in the form Of plant and machinery, highly paid personnel and techni cal consultants. Ah early and large scale development of science and technology in the country could greatly reduce the drain on capital during the early and critical stages of industrialisation. Improvements. In techniques evolved as a result Of scientific research bring about an increase in production in different sectors of the economy. Therefore, a balanced programme of research covering every sector of the eco nomy is essential for the development of a country.

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