Unrelieved Gloom

by June 1967, this proportion rose to over 97 per cent (Table 6). On June 30, 1964, overdues exceeded the owned funds in four States (Assam, J and K, MP, and Rajasthan); within three years five more States fell into the same track. The problem is alarming in Orissa, Andhra Pradesh, MP, Mysore, Rajasthan and W Bengal. In UP, Bihar and Madras, overdues have increased enormously, and if the past trend continues they may soon exceed the owned funds of the societies.