A.K. Sen

Kirit S. Parikh

Raj Krishna

Montek Singh Ahluwalia

Sales tax

Excise duty

Customs duty

Expenditure tax

Encourage imports

Encourage exports

Encourage both exports and imports

Discourage both exports and imports

Transfer payments by the enterprises

Transfer payments by the govt.

National income

Interest payments by house-holds

Deflationary conditions

Heavy industry bias

Shortage of raw materials

Inadequate productive capacity