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

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Shuffling the Pack

 of the priority sectors should not make us lose our perspective (sic) and make us unmindful of the requirements of the other important sectors. When we attempt to remove 'credit gaps', which undoubtedly exist in the priority sectors, we should not in the process create 'credit gaps' in other areas . . . The legitimate needs of all large and medium-scale industries . . . have to be met". Lest even this should leave the impression that he was attaching some vague priority to industries, he was careful to add: "This is true not only of industry but also of trade and many other tertiary activities", So much for priorities.

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