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

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Eighth Plan Challenges and Possibilities

The balance of payments situation was quite difficult even before the Gulf crisis. The response of the erstwhile Planning Commission was three-fold: to go flat out for higher export growth; to contain the budget deficit; and to press for a pattern of production which would be more self-reliant and less dependent on imports. The fourth of a series of articles discussing the broad approach of the Planning Commission under the V P Singh government.

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