I have myself taken a hand in propagating the virtues of workers’ partnership in the management and I strove hard to set up Joint Management Councils… - Gulzarilal Nanda

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.

Planning is to be based on the democratic approach and method. There should, therefore, be definite place for voluntary effort...a substantial advance should be made towards solving the problems of unemployment. At the same a large increase is the supply of consumer goods should be secured through cottage and small scale industries...The Socialist pattern implies a large and growing public sector in the national economy...And economy based on the socialistic pattern does not preclude the existence of a private sector, particularly in agriculture and small scale industries...In the public and private sectors alike, the relations of workers to management should be such as would give to them a distinctive role and a share in the making of decisions affecting the enterprise...In any case, a series of measures will have to be adopted to eliminate speculative and unearned gains...Special attention will have to be given to the elimination of conspicuous consumption...

The nation is in the grip of a crisis. It is in essence a crisis of character. The obstructions and failures in other fields – economic, social and political – are just a reflection of our decline in the moral scale.