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

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NEW DELHI-Early Fruits of New Economic Policies

NEW DELHI Early Fruits of New Economic Policies B M THE quandary in which the government finds itself overjhe behaviour of prices, as the Union Food and Civil Supplies Minister frankly admitted during the debate on the prices situation in the Rajya Sabha, was more clearly spelt out by the Union Finance Minister in a letter he is reported to have written to his party MPs after the debate in the Lok Sabha on prices in which he was assailed for not controlling prices not only by the opposition but also his party members. The price rise, he readily agreed in his letter, affects voters directly and whatever else, the government might or might not do, it was bound to come in for criticism if prices rise. It was, therefore, essential, he pleaded, that "we collectively apply our minds and see what can be done to restrain the price increase".

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