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

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WEST BENGAL- Crucial Time for CPI(M)

Government's indebtedness to the banking sector at Rs 1,492 crore was smaller 'ban the Rs 2,240 crore recorded in 1982-83The expansion in Reserve Rank credit to government was at a slower pace upto December 1983; subsequently there was a buoy- ancy and as much as 57 per cent of the total expansion during the year took place in the year's last quarter. Credit expansion was considerably below the ceiling agreed to with the IMF.

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