Papers presented at the National Conference in Honour of K.N. Raj, economic planning advisor, and economics professor from India; conference held in 2004 at St. Thomas College, Trichur, in the state of Kerala, India; honorary volume

Extension of the wealth tax to agriculture, it will be recalled, was opposed on the ground that it would hurt even the small and medium-sized farmers. This argument was advanced in spite of agricultural holdings below the value of Rs.1 lakh being exempted from the tax. The opposition to the tax...