Word: sarwar
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Dates: during 1970-1979
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...high cost of importing fuel will force the government to cut oil imports to the bone and allocate the tight supplies. The steel, fertilizer and railroad industries will receive priority, but even the railroads are building steam locomotives rather than more efficient, but oil-burning, diesels. Overall, says Sarwar Lateef, a respected economics journalist, the impact of the oil crisis makes India's five-year plan an exercise in "cuckoo-land optimism...