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

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Deficit without Purpose

Vol X No 23 Skylark 284 Frere Road Bombay 400 001 Grams Econweekly Editor Krishna Raj Assistant Editor Rajani X Desai Editorial Staff Colin de Souta, Aahok Rao, A A Dalvi Deficit without Purpose ON May 23, loans and advances to the state governments from the Reserve Bank stood at Rs 470 crores. At the end of April 1972, when the state governments' overdrafts with the RBI had reached Rs 642 crores

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