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

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THIRD WORLD DEBT-Gimme Too

meeting in Washington, the spotlight is or two issues. One is the outline of a plan proposed by Nicholas Brady, the US secretary of the treasury, for dealing with the debt burden of the heavily indebted countries and the other is the proposals for increases in IMF quotas. In the last few days reports of the government of India's approach to these issues have appeared in the press. The similar content of the reports appearing in different newspapers clearly indicates that they have been inspired by informal briefings from official quarters. While the Indian government's position on the Fund quotas issue has been known

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