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

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Education-The Smell of Money

canalised through the State Trading Corporation and copies of all export contracts and related letters of credit are submitted to and registered by the sellers with the STC. Why then has the Government of India not protested against, and put an end to, the abuse of rupee payment arrangements by the Soviet Union which is depriving this country of convertible currency earnings equal to many hundreds of crores of rupees? Is this the price that has to be paid for the 'special relationship' with the Soviet Union?

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