‘The Indian Libertarian’ was a fortnightly journal, founded in 1954 by Indian liberal, Ranchhoddas Bhuvan Lotwala, and edited by his daughter Kusum R Lotwala. This edition (Vol. 10, No. 24) of this journal was published on March 15, 1963. The editorial covers the Burnese Way to Socialism, the struggle between Freedom and Totalitarianism in South East Asia, Nehru on freedom of the Press, and the death of India’s first president Dr. Rajendra Prasad. “The Nature Of The Red Regime In China” by M.A. Venkata Rao discusses how independent India first recognised the Communist regime in China. “Inflationary Budget” by Prof. G.N. Lawande discusses how the unprovoked Chinese aggression compelled the finance minister to frame an unprecedented budget. “Helping Emergent Countries ‘Leapfrog’ To Modernity” by Austen Nazareth suggests that the government is good without extra taxes and analyses the trend in revenue. “India’s Strategy In Sino-Indian Conflict” by Indira Awasty talks about the international politics and Chinese aggression on India and the true picture of the relations between China and Russia. The journal ends with book reviews and news and views.