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

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Foodgrains Production- limits of New Technology

However, even the most steeply progressive tax system can have an impact on inflation only via the tax revenues being used for investment to enlarge flow of wage goods. But in fact what is being proposed is a cut in invest- ment! Even as the government has made much of so-called measures which have either nothing to do with inflation or are of peripheral significance, all is quiet in the one area in which action could have a swift and sharp impact on inflation

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