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" "The question of giving workers a sense of belonging, an increased share in the affairs of the industry, has been a topical issue the world over. We gave it official recognition when a specific recommendation in this connection was made in the Second Five-Year Plan.
Gulzarilal Nanda (July 4, 1898 – January 15, 1998) was an Indian politician and Economist who specialized in labour issues. He was the Prime Minister of India for two short periods following the deaths of Jawaharlal Nehru in 1964 and Lal Bahadur Shastri in 1966. Both his terms ended after the ruling Indian National Congress's parliamentary party elected a new prime minister. He was awarded the Bharat Ratna in 1997. By KP
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We cannot be oblivious of the fact that every year there is a net addition of 1.8 million to 2 million persons to the working force in the country on account of the continuous increase in population. It must be our common aim that the total effect of our policies is the creation of maximum employment in the country, accompanied by a steady rise in living standards.
A plan of large size can be made a reality either by an intensely capitalistic method of development or by a genuinely socialistic approach. The Capitalistic way is ruled out by the fact that the political conditions are wholly incompatible with it, and a pursuit of this method may lead to a political breakdown.