Ex 505, Mr. Chairman, Sir, at the very

Mr. Chairman, Sir, at the very outset, let me express my regrets that there is such a delay in replying to the debate on the rise in prices. But as you may recall when Prof. Das had initiated the discussion, I was expected to reply on the same day in the evening. But since a number of speakers were to make their speeches, I had my difficulty as I had to go for the meeting of the World Bank and IMF to plead the case of the developing countries.