Maharashtra Planning Groups For Scrapping Govt Guarantees

The 14 study groups, set up under the chairmanship of the Maharashtra Planning Board (MPB) executive chairman Ratnakar Mahajan, have suggested that a clear distinction be made between merit and non-merit subsidies so that the latter may be withdrawn. The study groups have also suggested doing away with the policy of giving government guarantees.
Mahajan said:
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First Published: Feb 08 2002 | 12:00 AM IST
