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

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NEW DELHI-Fund-Bank s Grand Design for India

NEW DELHI Fund-Bank's Grand Design for India BM The World Bank-IMF strategy seems to be to create conditions in which India will be forced to default on its foreign payment obligations, albeit for a short period, before the purse-strings are loosened for the grant of credits. That way, it is expected, any residual reluctance to agree to the most damaging conditionalities will be wiped out.

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