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CONTINUATION OF INTERESTS ON GOVERNMENT BORROWING (statement in senate )

If resort is made largely to indirect taxes or deficit finance: which generally cause inflation, the regressive redistributive obviously, the resultant would be even larger. Obviously, the resultant re-distribution of income from the poorer sec of the society to the well-to-do sections made inevitable by the Governor in either way, debt servicing, financed in either way cannot be regarded as anything but exploitation.
Complaints are often heard about lack of suggestions for/ to replace interest in Government transactions.