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

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Steel-Unsound Pricing

Morarji Desai would be spending as many as five days in New York, at- tending the UN Disarmament Session and generally keeping himself visible before the American public; only two days are set for talks in Washington. On the question of disarmament, though virtually all that needs to be said has already been said many times over, further eloquent speeches are surely going to be made about the colossal amounts that are being spent on armaments (SIPRI has estimated that in 1977, world military expenditure was about $ 360 billion, almost a billion dollars a day), and how even a fraction of those huge amounts, if spent more productively, would greatly improve the lot of millions of people in the poorer countries, Indian leaders of course have always excelled themselves in their eloquence when pleading for disarmament, though they rationalise

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