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

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cheek to suggest that the resulting price increase is very much a matter of their concern, their feeling of hurt could be assuaged by doing something to concretise the proposal to dole out gift packages of one crore of rupees worth of rural works for each of them/ A queasy feeling will nonetheless persist. The latest round of increase in administered prices is bound to push the economy back into the state of double- digit inflation. This will have its adverse impact on exports; the task of containing fiscal deficits will not be helped either It is a very strange notion of economics indeed which dispenses that in order to contain inflation, you must have some more inflation. But, then, history is replete with instances of quackery and authoritarianism going together.

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