Economy
Public and private development of infrastructure -- Creating positive synergies
THE liberalisation process has paved the way for the large-scale privatisation of infrastructure services in India. While private capital is welcome for such services, complete private ownership may not be the solution to the problems of inadequate provi
sion.
Editorial
A step forward
THE 16-23 PER CENT reduction in the long-distance (both STD and ISD) tariffs carries the telecom reform process forward.
Forex
Exchange rate policy -- Dogmatic approach is best
The oft-floated proposals to constrain the world's major currencies -- the dollar, the euro, and the yen -- within target zones may not be a great idea. In fact, for several emerging markets on the periphery of major countries, an extreme kind of bondage
-- currency boards -- may be more suitable. S. Gurumurthi looks at the approach of MIT's Prof. Rudi Dornbusch.
Miscellaneous
The politics of peace
IF EVER the worn Shakespearean truism about Hamlet without the Prince of Denmark were appropriate, it is true of a peace conference that excludes the winner of the 1989 Nobel Peace Prize.
PSU
Divestment: A different approach
THESE days a concept that is making rounds is disinvestment of the public sector units. Look at some private and public sector companies in India and their record of functioning and providing service to the public.
States
Hostage policy
THE people of this country have resigned themselves to being mute witness to the national humiliation inflicted by a few determined desperados resorting to the stratagem of taking hostages for the purpose of blackmail and extortion.
Technology
Greenbelts to prevent pollution
RECENTLY, the Central Pollution Control Board, New Delhi, published a report on the Guidelines for Developing Green Belts.
Light-weight aids for orthopaedics
CONGENITAL bone deformities, polio and accidents are three main reasons why a large number of people in India suffer from problems of the lower limbs. The use of artificial limbs, especially the boots designed for polio victims, is common but, in most ca
ses, the patient continues to suffer the discomfort of being weighed down, because of the material used.
