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

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Externally Funded Projects and State Plans

In view of the liberalised guidelines for externally funded projects, there is a race among state governments to formulate as many projects as possible for external assistance since in the case of these projects as much as 70 per cent of the aid disbursed becomes eligible for additional central assistance and the states' liability is limited to 30 per cent of the project cost.

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