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

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Defence-Shopping Spree

last few years do not indicate that the proclaimed objectives of the policy of import liberalisation have been even partially achieved. This is hardly sur- prisng if i. is considered that there has been little systematic attempt to relate policies governing import of goods and Technology to well worked out programmes of investment and production in regard to specific, industries, Instead, within the overall policy framework of liberal imports, the specific changes that are effected in import policies from time to time come about more often than not in response to lobbying by interest groups. Even where there has been some appearance of rational calculation

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