42 SOCIAL SCIENTIST 16 For a detailed discussion of this evidence. See Patnaik, "State Capitalism and Agrarian Change in Post-independence India",paper presented at the Seminar on Political Economy of Indian Agriculture, Calcutta 1973. * 7 Mitra, op. cit. 16 The expression was used by D H Robertson in his Lectures on Economic Principles, Vol I, Alien & Unwin. 19 This comes out for example from a recent speech by A P Shinde. 20 For a theoretical discussion of the restriction imposed by backward agriculture on industrial development, see M Kakeni, "Problems of Financing Development in a Mixed Economy", Selected Essays on the Dynamics of Socialist and Mixed Economies^ Cambridge 1971. 21 A Mitra, "Holding the Price LKne", Seminar, Delhi, December 1972. 22 See the report in the Economic Times October 19, 1974. 23 For a summary of data on wage movements, see A K Bagchi, ^Industries in India in the Colonial and Post-colonial Period", unpublished. 2 4 The compilations are presented in J Bhagwati and P Desai, India: Planning for Industrialization, Oxford 1970. 25 Bhagwati and Desai, op, cit. 2 6 Bagchi, op. cit. 2 7 For a discussion of the effects of a rise in tlic degree of monopoly on the rate of growth, see M Kalecki, Theory of Economic Dynamics, Chs. 5 and 15. 2 s The argument of this paragraph is presented more extensively in my unpublished paper, "A Theoretical Note on the Effects of Agricultural Prices on Industrial Stagnation."