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

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1992-93 Budget and Economic Policies

Arun Ghosh Instead of empowering the states and the local authorities, the budget for 1992-93 seeks to leave the direction of the economy to the organised financial institutions and to foreign capital primarily and to large and medium industries to some extent. The budget is a continuation of the attempt to 'globalise' the economy, no matter that such globalisation may benefit only some 10 per cent of the population at best.

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