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

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More Cashew for Moscow

December 27, 1969 possible a reduction in tyre prices of only Rs 3 or Rs 4, or of one per cent or lees. The reduction in synthetic rubber prices may thus result only in larger profits for the rubber consuming industries like footwear and tyres. An obvious way out for Government was to impose an excise duty on synthetic rubber instead of reducing its price.

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