Choice of technology in sugar industry

Abstract

IT was interesting to see that C Rangarajan and A II Karlo introduce the rate of return criterion into the discussion of the appropriate balance between the small-scale (OPS) and large-scale (VPSO investment programmes in sugar production ("Choice of Technology in the Sugar Industry" , Annua l Number, February 1980), [ notice that the introduction of this additional criterion does not. alter the Planning Commission's conclusions considerably, It should be possible to take this discussion a littl e further.