THE Secretaries Committee of the Ministries has been
asked in October , 1965, by the Government of India to consider the situation that may arise as a result of
any withdrawal of aid or any application of economic sanctions by the big powers, and to consider steps nec-essary to meet such extreme situation in view of the present emergency conditions in the country. A prelimi-nary assessment by the Committee is that the economy of the country can bear the strain easily for six months
but special attention needs to be given in non-ferrous import
