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

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Calcutta Diary

 A TALE of two years. Crop-wise, 1967 was a thoroughly bad year, but the rate of price increase was only half of what it has been in the current year. In 1967, the production of foodgrains in the country was at least 80 million tonnes lower, but procurement was more than twice what it will be this year. In 1967, 14 million tonnes of foodgrains were supplied through the public distribution system, but in 1974, it will be a surprise if even 6 million tonnes get distributed. In 1967, traders and big farmers were still somewhat in awe of the government, but now in 1974, they control it and ordain its policies.

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