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dated April 13, 1954: National Plan Loan

Prime Minister Nehru has made an appeal to the nation for subscribing to the 3 1/2 per cent National Plan Loan announced by Government in New Delhi on April 12. Mr. Nehru says that it is essentially a popular loan going down to the humblest among us, who should be as much a sharer in the great adventure as anyone else. The Government of India announcement states that the new loan will remain open for subscription until further notice. It will be repaid on April 16, 1964. "The strength of a nation ultimately depends on its economic and industrial development bringing not only greater production, but greater employment. All else flows from this. We are firmly resolved to build our nation and make India united, strong and prosperous, with friendship to all and malice to none," Mr. Nehru says in his appeal.

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