The Commonwealth countries from Asia, Africa, and the Caribbean appeared all set to issue their own declaration recommending economic sanctions against the racist South African regime, ignoring, if necessary, the British objection. They reached this view after the failure of their repeated attempts to persuade British Prime Minister Margaret Thatcher to give up her obstinate stand against the application of sanctions as a step to make Pretoria see reason.

New tax structure

Massive additional resource mobilisation, of the order of about Rs 44,700 crore, by both the Centre and state governments, is envisaged during the Seventh Five-Year Plan period. While the Centre will mobilise the extra resources through revamping of direct and indirect tax structures, the state governments are being as

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