This paper discusses the attempt to achieve balanced economic growth in India. The process is viewed as a transition of society from a traditional stage to one characterized by industrialization and economic growth, and which involves major economic, social and political changes. It specifically deals with the Indian banking system and its structural development since independence as a means to hasten economic growth. These changes in the banking system, through social control, and eventually nationalization of the major commercial banks in India,, illustrate the increasing role of the State in gearing the banking sector towards meeting the goals of national economic planning. The above events are related to the struggle between the moderates and those who advocate a more socialist approach to solving the economic and social problems in India.

Data were obtained through the syllabi and the questionnaires returned by the head of physical education institutes in India. From a total of thirty-seven questionnaires sent, sixteen were returned representing fourteen different institutions. The programs in India showed some diversity among the institutions regarding the length of time required to complete the courses and minimum qualifications prescribed for admission to the program. The programs did not meet the recommendations of the conference either in length or content. The newer programs more nearly met the recommendations.