Word: boost
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There was one significant shift in investment planning for next year. Though the new budget still allots heavy industry the lion's share of funds, it will give a 50% boost to investment in consumer industries as compared with a 30% rise for heavy industry. To justify this concession to consumer wants, a delegate from Tbilisi declared that the housing situation in the Georgian capital is "tense" because of the government's slack construction schedule. A speaker from Sverdlovsk grumbled that apartment houses are being built without running water...
...their Supreme Soviet reports, government spokesmen avoided much talk about 1960's agricultural feats. Premier Khrushchev still seems to be having trouble producing the increased amounts of food he wants to keep the fast-growing number of city dwellers happy. But his planners promised to boost steel, oil and electricity production next year by 9%, and Western experts think the Russians will meet these targets...
...Clare College, Cambridge University. The commission set out to imagine "Nigeria in 1980, a nation of some 50 million people, a voice to be listened to in the Christian and the Moslem worlds, a nation that is taking its place in a technological civilization." The commission urged Nigeria to boost sharply teacher and technical training, to triple secondary-school enrollment, and create two new universities with a total of at least 7,500 students by 1970. Cost: about $135 million. One commission member, Dean Francis Keppel of Harvard's Graduate School of Education, called it "a task of frightening...
Southern's 139 pilots and copilots, all ALPA members, walked off their jobs last June when Hulse turned down their demands for shorter hours, a boost in wages (captains were making an average of $13,000 annually) and changes in the working rules, notably the elimination of a clause in the company's manual that prohibits married pilots from dating stewardesses. Hulse said that the demands would boost the line's operating expenses $665,000 a year, and since he is already getting $3,200,000 a year in government subsidy, he was not at all sure...
...receive between $1,000 and $2,000 a year from Social Security and pensions. Their ranks will swell as pension plans expand and the number of those over 65 soars to 20 million by 1970. Recognizing the possibilities, the Federal Housing Administration has given the housing projects a boost; it guarantees up to 90% of mortgages on profit-making retirement homes...