Social Scientist ADVISORY ^DITORS ., ... r „ » ^i.. , . , —.. Monthly Journal of the Ashok Mitra , - . ,,..„...,. Amalendu Guha ^ndian sch001 °f social Fences IrfanHabib VOLUME 13 SEPTEMBER Amiya Bagchi NUMBER 9 1985 Kishorc Theckedath CONTRIBUTING EDITORS Thomas Isaac (Trivandrum) Sanjaya Baru (Hyderabad) Atis Dasgupta (Calcutta) Javeed Alam (Shimla) V K Ramachandran (Madras) EDITORIAL BOARD Jacob Eapen Madhu Prasad MANAGING EDITOR Rajendra Prasad EDITOR CONTENTS Prabhat Patnaik EDITORIAL OFFICE Editorial Note Ne^eThL^l Industrial poucy wd the Economy CIRCULATION AND -AmiyaBagchi. Arun Ghosh, ADVERTISEMENT Sreemanta Dasgupta 3 B-l. Second Floor LSC. p^ Inflation, Poverty and Employment New DdSiS in the €ontext ^^^ Development —Utsa Patnaik 16 SUBSCRIPTION RATES* INLAND India's Balance of Payments Under 3 years Rs 150 The New Regime 2 years Rs 120 —C.P. Chandrasekhar 31 Annual Rs 65 (Students Rs 50) Land Reforms in Pakistan Institutions and Libraries —-Shaikh Muhammad Rashid 44 RslOO Single copy Rs 6 China's Economy : An Aspect •Rs 3 extra if by cheque —Arun Prokas Chatterjee 53 FOREIGN REVIEW (Annual in U S dollars) Sea Mail: 30 The Black Money Report: A Critical Review Air Mail : 40 -—Arun Kumar 61 Articles and review express the views of the authors and not necessarily of the editors or of the Indian School of Social Sciences.