text: for specialized education. training and research. The selection of technology must be appropriate and closely related to local resources. Comprehensive research programmes need to be under­ taken at Institutional and enterprise level and related to tech­ nological changes In each sector. The development of such capability Is a formidable and challenging responsibility. It requires new directions In per­ spective planning with respect to scientific and technological developments and their potential for application In national economies. It necessitates adequate resource allocations and planning of technical manpower resources and Institutional capabi­lity In various specialized fie-lds. It lmpr'les Increased use of Indigenous technologies which must be suitably upgraded through applied research. It requires careful evaluation of technologi­ cal alternatives and the selection and acquisition of technology and services on suitable terms and conditions. Such technologies must also be rapidly absorbed and adapted to local conditions so that they serve as foundations for technological Innovations In future. Endogenous research capability must be not only expanded but linked directly to the production system as far as possible. Such capability has to be developed at the level of technological use and application In different production and service sectors. The development of such capability must be viewed as a basic and Integral feature of socio-economic policy. It Is only then that the application of science and technology would effectively reduce or ell.lnate various obstacles to developMent. -v-Planning and management of science and technology must, In fact, constitute the core of pol lcles and programmes. Whl lethe 1 extent and coverage of socio-economic and sectoral planning differs considerably from country to country, It Is fullY recognized that developing countries must undertake steps towards fostering and accelerating socio-economic and technological progress In accordance with desired goals and priorities. This Is particularly necessary with regard to planning for science and 
analysis: The text discusses the importance of science and technology in driving economic development, particularly in developing countries. It highlights the need for countries to develop their own technological capabilities, absorb and adapt foreign technologies, and link research to production systems. The text also emphasizes the importance of planning and management of science and technology as a core aspect of socio-economic policy.