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

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Cotton- Estimates of Convenience

year period, on the other hand, worked out to 22 per cent. Of course, figures of bank credit are as at the end of the year whereas the index of industrial production refers to the annual average. But allowing lor all that, expansion in bank credit has still been disproportionate to the growth of output in industry.

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