...Ultimately in this present competitive world where, really speaking, it is going to be a very difficult thing to compete in foreign trade without having a very solid industrial base in our own country what should we consider as the ultimate test as to whether our decision is wise or not, whether it is strong or weak, will not use that word because strength and weakness ultimately depends upon whether your decision is right or wrong.
What is the right criteria for it?.... ....Mr. Jain made one point. He asked why I did not mention about depreciation of the Rupee as against the Sterling. I mentioned it in a different way.