Word: state-run
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Infinite Testiness. For the past five years, the Indian army has also been plagued by Defense Minister Krishna Menon, who was both economy-minded and socialistically determined to supply the troops from state-run arsenals, most of which exist only as blueprints. Sharing Nehru's distrust of what he calls the "arms racket," Menon was reluctant to buy weapons abroad, and refused to let private Indian firms bid on defense contracts. Menon's boasts of Indian creativity in arms development have been revealed as shoddy deceptions. A prototype of an Indian jet fighter plane proved unable to break...
...India. Chief blame for the nation's unreadiness continued to be placed on Menon, who as Defense Minister since 1957 was reluctant to buy arms abroad and, in his socialist suspicion of free enterprise, would not let private firms bid on defense contracts. Military orders were funneled into state-run arsenals that were supposed to turn out everything from jet fighters to harness straps for army mules. Most of Menon's arsenals are still in the blueprint stage...
...spiffiness and speed (100 m.p.h. at times) to lure passengers on its run from Basel to Hook of Holland. Tourists can ogle the Rhineland from picture-window observation cars and, as on all German trains, eat a full-course gourmet meal for about $2.25. Now West Germany's state-run Bundesbahn is aiming for 125-m.p.h. service. In France the Mistral, which once hit 206 m.p.h. for the world's record, rolls along at an easier 80 m.p.h. or so from Paris to Lyon. Together with Austria and Switzerland, the six Common Market nations offer what is probably...
Domestic industries such as tobacco are flourishing since the regime banned the import of foreign cigarettes, and nine state-run companies that turn out such basic needs as iron, coal and heavy machinery are making a profit for the first time. Private foreign investment capital is badly needed; West Germany has granted a $27 million loan, and talks are under way with Italy and Norway...
Merger & Eclipse. Not rapidly enough, apparently. Castro's inefficient handling of the economy (in which Communist planners deserve their share of the blame) has plunged Cuba into chaos. Every foodstuff except rice and bread is in short supply; only a few of the 40 state-run factories can meet their production goals...