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

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Public Enterprises- More No-Cost Capital

poses in the country is far from the truth. Nervous EDP managers cheered lustily at the attack on government policy and the woolly statements about cost-benefit. What cost and whose benefit? Moreover, Menon's remarks were hardly radical, and the violent reaction they provoked therefore appear surprising.

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