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

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Inflation in India during the 80s-An Analytical Review

THF primary concern of central banks every where is to maintain internal and external stability of the home currency. The debate about trade off between inflation and employment (output) and controversies regarding specification of Phillips curve notwithstanding, no central bank has shown total disregard about price stability [Branner and Meltzer 1976 and Bhattacharya and Lodh [1990]. A .substantial body of literature now exists to prove or disprove the oft-quoted assertion of Friedman

Transfer of Resources from Centre and Growth in State Domestic Product

in State Domestic Product D V S Sastry A K Nag This paper examines how the level of transfer of resources from the centre to the states has affected the growth rates of State Domestic Product of the states over the period 1970-71 to 1983-84.
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