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

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Delayed Take-Off in Rockphosphates

schemes. Any aid for such schemes is, therefore, an addition to the free foreign exchange resources available to the government. The demand for allowing Indian bids on preferential basis in international tenders for projects financed by aid funds is designed to serve the same purpose. The rescheduling of repayment obligations available during the last three years also results in the conversion of a part of the fresh ere- dits into free foreign exchange.

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