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

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RAJASTHAN- Mirage of Solvency

THIS year's famine in Rajasthan is the worst ever and, by the time the next monsoon sets in and the new crop moves into the market, the State's weak economy may have already received a shattering blow from the present famine. Even now the State's finances are hardly in a position to tackle the consequences of the drought. In fact, such amounts as the State has earmarked for relief have been under duress. The trouble is that this year's acuta famine follows on the heels of 1966-67 and 1967-68 which too were bad for the State's primarily agricultural economy. For 1968-69, the State had budgeted for a deficit of Rs 63 lakhs and had hoped for grants for amortisation of public loans to the extent of Rs 4.26 crores.

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