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

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THE so-called 'Round-Table on India' in Delhi on April 15 and 16 attended by about 140 'top executives of multinational corporations', as newspaper reports put it, was formally sponsored by the European Management Foundation. But there could be no doubt about the extent of official support extended to the venture by the Government of India. Apart from the Prime Minister, who delivered the inaugural address and even stayed on for a question-answer session, senior cabinet ministers and civil servants in charge of the economic ministries as well as the Deputy Chairman of the Planning Commission gave freely of their time to assure the assembled representatives of the MNCs of the expanding business opportunities for them in India. The importance attached to the round-table by the government was also clearly intended to be a public affirmation of the major role the government wishes to assign to foreign capital and technology in the Indian economy.

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