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Letter to BS: Points of disagreement

Agriculture moving from shortage to surplus is a distress story, says T N Ninan

economy, business, India
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Business Standard
I refer to the leading editorial "Output vs outcomes" (April 13), written by Mr T N Ninan. The distinction made by him between these two terminologies, output and outcome, is actually pedantic. It is not a philosophy book but a party manifesto. Output leads to outcome inevitably. To use the example of Mr Ninan, once a certain number of railway lines are electrified, automatically there will be impact on speed and volume of railway traffic. It does not have to be stated, nor can it be cardinally quantified in advance. The ulitilisation coefficient will vary over time. Similarly, the other