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

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A Matter of Credibility

WITH the presentation of the supplementary budget on the last day of July, the current official flurry of what had been tom-tommed as anti-inflationary measures is evidently over. The contents of this so-called budget have revealed, as nothing else has, the basic cynicism of the authorities in tackling 'what is certainly the gravest crisis of the Indian economy since Independence. Despite the long preamble on the impelling need to counter inflationary forces

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