The following booklet titled “We Are Heading Towards A Man-Made Economic Crisis” authored by A.D. Shroff commences by commenting on the ambitious objectives of the Second Five Year Plan. However, the shadow of the Suez crisis along with the looming presence of an ever-strengthening State sector threatens to overturn the economic aspirations. Inflationary pressures coupled with a shortage of consumer essentials in spite of foreign aid measures continue to pose concerns. Shortages in the industrial domains of steel and cement have stagnated the growth of the manufacturing sector while the shortage of supply of money by banks presents a dire picture of household economies. Depleting foreign currency reserves further threaten to destabilize India’s international economic prowess. The need of the hour, according to the author, requires a realistic orientation of the proposed plan which accounts for the play of independent factors of economic laws.