Nagaland-Back to Square One

"unless these industries realise this, they would find themselves caught in a vicious circle of high prices, low demand, low sales, and continuation of high prices in order to maintain sales revenue". Thus it turns out that the ministry's confidence that the achievements of 1975-76 will not only be consolidated but also exceeded is based really on faith in the private sector rather than on any genuine evidence brought out by a systematic analysis of the industrial situation and trends.