Word: nehru
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...emergence of the free world's own "soft line," dimmed after Hungary, dimmed again after the Soviets walked out on last summer's prolonged, painstaking disarmament talks. Once more it is echoing influentially around the world, from Washington editorialists to London Laborites to Nehru and Co. in New Delhi, and it is being heard with widespread respect, especially in continental Europe and Great Britain. According to the line, the new threat to peace lies in the proposed NATO missile buildup. The soft-line positive formula for Western survival: military neutralization of West Germany and the satellites...
...last week Graham's dream of financing capital-starved entrepreneurs ("The small guy who's on the ball") and making a profit to boot had become too important to ignore. When Graham landed in India with funds raised from free-enterprising Americans, Pandit Jawaharlal Nehru himself sat down with the tireless enterpriser for a half-hour's talk and wished him all success. Krishnamachari not only approved, but last week eased import restrictions on needed machinery for Graham projects and promised that all profits could be taken out of India...
...village by village, through his swarming native India last week was California's lively Democratic Congressman Dalip Singh Saund. At 58, the representative from Imperial and Riverside counties, home after 37 years, was keeping his campaign promise to try to help improve U.S.-Indian relations. He lunched with Nehru, attended a parliamentary conference, met the populace in the streets and meeting halls. By far the most listened-to and most welcomed unofficial U.S. ambassador that India had ever seen, Saund turned in a performance that undoubtedly got closer to thousands of India's doubters than any official...
...Socialist bias of Nehru's political philosophy, which expressed itself two months ago in a tax on capital assets, discourages private industry, foreign and domestic. Said leading Indian Industrialist G. D. Birla: "As things stand now, there is not the slightest possibility of raising any sizable capital in India...
...Pruning. Faced with these grim prospects, Nehru's brain-trusters last week were pruning whole sections out of the five-year plan. Instead of 8,000,000 new jobs, the planners now hope to create a mere 5,000,000. Instead of an increase of 15 million tons in grain production, they now hope for 10 million-far short of enough to keep pace with India's 5,000,000 yearly births. Power and electricalequipment projects have been dropped. To save foreign exchange, the government has slapped strict import controls on luxury goods. Despite these measures, the huge...