Speeches in Parliament Vol. (III)-13

Even though we have not made any provision for the whole year in many cases, for tackling the urgent problem of unemployment now itself, we have provided Rs.50 crores for the whole year. As one Hon. Member has mentioned. I know that Rs.50 crores is just a drop in a bucket. I would say it is a drop in the ocean. There is no quarrel about the comparison but this, really speaking, is the beginning, and the main idea is that we should undertake a massive rural development programme - a programme for creating the necessary productive capacities and necessary infrastructure in the rural areas which should help to intensify the productive capacity.

These are some of the things that have to look into. Really speaking, we have to make some additional provision in addition to what we are spending, in addition to what there are in the State Plans and the Central Plan. We want to make this a small experiment. I mean, we have to select some poverty pockets in each district and select some productive works which can give employment to at least one thousand people in the area. The idea is to give some minimum wages to them, and preference is to be given to families where there is no earning member. That is the approach. I know it is a challenging job to implement it but I hope that with the support of the hon. Members and the co-operation of the State Governments - naturally we will have to depend on the State Governments, in implementing this particular Plan - we will be able to succeed. We have already written to the State Governments and the Prime Minister herself has taken special interest in this programme and has written to the Chief Ministers to finalise the programme so that the proper work begins early and so that ultimately we may not face the problem of shortfall again when we come to the next Budget here.

I must admit that there is a shortfall in certain vital sectors, particularly in the field of steel and fertilisers, which are really speaking, the major areas of growth, which are the basic things for the growth of the economy of this country. We have taken very serious note of this matter and the administrative steps that will be taken will show certain very good results in the course of the coming months. Some Members did make a mention of certain regional imbalances. Some Members mentioned that one particular State is getting more licenses and others are not. I sympathise with that view, but certainly in the last two years some special care has been taken to give some incentives for starting industrial units and industrial activities in certain backward areas. The public financial institutions also are following certain new policies in this matter. The State Governments are giving certain incentives in this matter. Certain concessions have been given in the case of supply of electricity, finances and making lands available to them and in many other matters. Many States have formulated such plans and some beginning has also been made. Even in the case of allocation of Central projects certain consideration is also being given for backward areas. So this general question of the imbalance in the regional development is also one of the important matters which will have to be taken care of.

Shri V. B. Raju : I made a particular observation that out of Rs.946 crores invested by the financial institutions, about Rs.600 crores have gone only to four States.