The Reforms in Industry: Initial Results, Problems of Raising Efficiency

The economic reform being carried out in Soviet industry is of vast economic and political significance. It should make the production relations conform to the character and the scale of development of productive forces, make these relations adequate to the modern level of development of techniques and production technology, and of the scientific cognition of the economic laws of socialism, and to the advanced methods of industrial management, planning, and stimulation of the socialist economy. As a result of the reform the efficiency of social production should rise and the development of the country's productive forces should be accelerated.