Thursday, Sep 30, 2004
Thursday, Sep 30, 2004 |
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This Day That Age
The overall industrial production in the country reached a post-war peak level in 1953-54, according to the Planning Commission's review of the progress of industrial development, made available in both Houses of Parliament on September 29. Progress in the field of production has been accompanied by "a reassuring over-all stability of prices," the report says and adds it is significant that in the first three years of the Plan, new investments have been undertaken without inflationary pressures. The price level is now below the immediate pre-Plan level.
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