History of Dharmashastra (Ancient and Mediaeval Religious and Civil Law in India) v7.c96.s2.47

v7.c96.s2.47

The task before an underdeveloped country is not merely to get better results within the existing framework of economic and social institutions, but to mould and refashion these so that they contribute effectively to the realisation of wider and deeper social values. These values or basic objectives have recently been summed up in the phrase 'socialist pattern of society'. Essentially this means 'that the basic criterion for determining the lines of advance must not be private profit, but social gain and that the pattern of development and the structure of socio-economic relation should be so planned that they result not only in appreciable increase of national income and employment but also in greater equality in incomes and wealth.' 'Major decisions regarding production, distribution, consumption and investment