REWA: Chandra Shekhar on Monday said India would be weakened if it depended on international loans or foreign dole.
Addressing a series of public meetings in different parts of Madhya Pradesh in central India he said the economic situation in the country was grim and warned that the people would have to face stern economy measures.
The prime minister said the nation had to get the rich to make sacrifices to have an equitable distribution of wealth and all round economic growth.
“If that does not happen we know how to take money from industrialists and capitalists and pump this into rural uplift program he said.
Chandra Shekhar said after assuming power in November his government had imposed taxes worth Rs 12 billion and all this had been on the rich people.
He said “we have come to know that some sections of industrialist’s are angry over this” adding “we are not bothered about this”.
BEUING: The Indian foreign secretary Muchkund Dubey arrived in Beijing Sunday for the third round meeting of the joint working group on the boundary question and vice-foreign ministerial level’ consultations on issues of common concern.
Article extracted from this publication >> May 17, 1991
