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

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CPI-Thoughts off Chairman Dange

December 17, 1977 decline In India's 'demand" for aid would severely undermine their aid operations. For instance, India accounted for over one-tenth of the total credits approved by the World Bank and IDA in 1976-77. Of IDA credits in 1976-77, India's share was as high as 37 per cent. Clearly, the World Bank and IDA need India to continue as a large ahsorber of aid.

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