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

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Zaire-Old Ghosts Astir Again

ECONOMIC AND, POLITICAL WEEKLY they would not be required to oblige the ministers. No less scandalous was the squandering of money by Punjab and Har- yana ministers. Regardless of the already heavy budget deficits, the two governments announced one concession after another, no doubt with the sole aim of winning the goodwill of as many categories of employees as possible. The Punjab Finance Secretary almost walked out of a cabinet meeting at which a series of tax concessions were virtually agreed. His counterpart in Haryana, had to repeatedly warn the Chief Minister and the other ministers that the treasury was getting empty and that the state was facing a serious financial crisis.

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