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

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To Kill the Patient

To Kill the Patient THE more he protests that he is not following the diktat from Washington, the faster is the finance minister losing his credibility. On top of it he splits hair about whether the reduction effected in the rupee's exchange rate by 19 per cent in the space of three days was depreciation, exchange rate adjustment or plain devaluation. The hard fact is that the government has been driven to accepting the most stringent of the conditiona- lities

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