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Development and Containment of Inflation in India: 1971-1975
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Prices had been increasing in India throughout the 'sixties and they continued to do so as the 'sixties turned into the seventies. The index of wholesale prices (1961-62=100) climbed from an average of 188.4 in 1971-72 to an average of 254.4 in 1973-74.
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