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

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Black Money- More Concessions

has also resorted to substantial short- term borrowings from the banking system, Cotton textile companies' borrowings from banks as a proportion of their inventories was around 27 to 30 per cent in the First Plan period; it rose to 53 per cent in 1960-61 and further to a peak of 78 per cent in 1968-69 and continued around 70 per cent in the period from 1970-7] to

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