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

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Living Beyond Our Means-The External Angle

Something more cogent than continuous depreciation of the value of the rupee is needed to get us out of the position of stagnant exports, a large trade deficit and the prospect of an even larger future payments deficit. We have been living beyond our means not only at home but also externally. The two are related.

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