Capital Investments in Transportation Must Be Increased

Abstract

>p>During the current seven-year period it is intended not only to fulfill tasks relating to production volume, but also to prepare all areas of the economy for further rapid advances.>/p>>p>We inherited a quite developed rail transportation plant from the Tsarist regime, but a meager scale of per capita production. In pre-Revolutionary Russia, transportation was the largest recipient of basic funds. In contrast, roughly 13 per cent of all capital outlays under the first, second and fourth five-year plans was directed to railway transport.>/p>>p>During the current seven-year period it is contemplated to pour 110-115 billion rubles into railway transportation development, which is 5.5 per cent of the total capital investment in the national economy as a whole.>/p>