Abstract
The evaluation and monitoring plan performance in India essentially focusses on the questions like why the shortfalls have occurred, what the bottlenecks were, and what attempts should be made to resolve these difficulties. While the shortfalls are recognized, not much attention has been paid to the replanning measures necessary.
In this paper the authors address themselves to the task of readjusting plan targets when shortfalls that occurred in certain sectors cannot be made good during the plan period. The problem is formulated as a mathematical programme. The constraints are derived by the necessity to retain inter-sectoral balances. Two different objective functions and their implications are discussed,
A case study which uses the input-output table for the year 1973–74 is used to illustrate the methodology and analyse the effect of shortfalls in two sectors-electricity, and basic metals and metal products.
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