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

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The South Madras Electric Supply Corporation Limited

Most of these credits have been arranged by the Government, and in many eases the Government itself has issued cash import licences against such credits. In these cases, the users of such foreign exchange have escaped the consequences of devaluation, the burden of higher rupee repayments needed to buy the same quantity of foreign exchange being borne immediately by the Government

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