ncial relations create an active system for controlling the efficient use of at located resources. Thus. the Improvement of financing scientific and technological progress Is of maJor sig­nificance for Its management. INDICES OF S AND T FINANCING Financial Indices occupy an important place In S and T development plans. The allocation of financial resources should be based on optimum correlations among resources ~hannel led to R&D activities, mastering and Introduction of new technology• Improvement of production assets. etc. This determines the stru­ cutre of expenses for the development of science and technology and Introduction of their achievements In the production. Opt!• mum development of various directions of scientific and technolo­ gical progress through preplanned proportions of resource alloca­ tion represents one of the major taks facing the financial system. Presented by K.A. Eflmov SOURCES OF FUNDS The development of scientific and technological progress depends to a great extent on the volume of resources allocated for financing •science-technology-production" syustem. While determining the amount of financial expenses for S and T progress for the national economy as a whole the following data are taken Into account: -nationel Income and Industrial J>roductlon growth rates; -targets set for scientific development for the next five­ year period -vol~~e and scale of scientific novelties to be Introduced In production. Depending on the sources of financing and target designation of theseS and T development measures, the funds are subdivided Into: -state funds -proper funds {centralized branch funds and reserves, as well as funds of production associations, enterprises and organizations) -credit funds (credits of the USSR State Bank and the USSR Construction Bank). The proportions of these funds are ·-determined by the significance and scale of S and T development measures as wei I as by the financial status of production associations, enterprises and scientific research organizations. 
**Analysis**
The text appears to be discussing the financial aspects of scientific and technological development, highlighting the importance of allocating resources efficiently to achieve optimal development. It mentions the sources of funds, including state funds, proper funds, and credit funds, and the proportions of these funds. The text also mentions the targets set for scientific development and the scale of scientific novelties to be introduced in production. Based on this content, it seems that the text is primarily focused on the relationship between finance and science/technology, rather than on other categories such as natural resources, industry, or employment.

**Category**
Economic development, Science and technology