ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Rapid Growth of Industrial Co-operation

1966-67, which were about 10 million tonnes, barely enabled the Centre to maintain the monthly allocations of about 8 lakh tonnes to the various States. And like that ended 1966-67, on ship-to-mouth basis! The agricultural year 1967-68 has begun with encouraging weather reports. However, it will be another 4-5 months before the new crop starts moving to the market. Till then the situation will be as precarious as ever. And in the absence of any Arm commitments for imports it appears very doubtful whether it would be possible to maintain Central supplies of 8 lakh tonnes per month. Last week's agreement has to be seen in this context. Supplies under the agreement, together with some commercial purchases, would ensure the present scale of Central allocation till about September, but that does not mean that the Food Minister is out of the woods; he has yet to devise ways for importing another 2 to 3 million tonnes for the period before the new crop begins to arrive in the market.

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