The Hindu Business Line : Monday, December 16, 2002

Coal undermined
THE APPREHENSION OF Coal India Ltd that further paring of import duties, in keeping with WTO stipulations, will dent its market share of power grade coal, particularly in the coastal States, only shows that it has still not woken up to the ground ... More

AIRLINES

What will be United Airlines' flight plan?
THE turmoil in the airline industry in the US has claimed another victim. United Airlines, ranked second largest in the world, filed under Chapter 11 of the Bankruptcy Code so it can restructure and make another attempt to become a profitable ... More

ECONOMY

US economic management reshuffle — Object lesson in consensual leadership
THE unusually gaffe-prone US Secretary of the Treasury, Mr Paul O'Neill has been eased out in a quick and dramatic reorganisation of the US Administration. Along with him have gone Mr Lawrence Lindsey, Chief Economic Advisor to US President and ... More

POLITICS

Better governance: Reshuffles no answer
TIME was when a Cabinet reshuffle or changes in Ministers' portfolios used to be rare. But to the Chief Minister of Tamil Nadu, Ms Jayalalithaa, belongs the distinction of converting a rare exception into a recurrent routine. In the last 18 ... More

Aspects of misgovernance
The major factor affecting economic growth, despite huge foodgrain surpluses, low inflation and a record level of foreign exchange reserves, is misgovernance. The question is one of accountability. Even where arrangements for accountability exist, th ey do not function well. Public accountability must be rendered possible by civil society, though it may not form part and parcel of state institutions. More

STATES

Multilateral loans — Bitter pill for States
THE Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has generally been used to having his way ever since he decided to support the NDA Government. The much hyped up and self-styled CEO of the State is quite pushy when it comes to ... More

TAXATION

Vision 2020 — Innovative approaches to taxation
Higher rates will tempt people to evade taxes and convert otherwise dutiful citizens into criminals. Any attempt to collect more will be counter-productive. More direct taxes can be collected only when people become more prosperous. P. V. Indiresa n explores other avenues for improving state finances. More

PEOPLE

Nani Palkhivala — Voice of the people
THE passing away of Nani Palkhivala brings to mind the memories of the great Parsis who have enriched India by their enterprise, dedicated public service, charity, nobility and compassion. It is India's good fortune that most of the outstanding ... More

LETTERS

Better compliance

Blind spots

Re-engineering public institutions

Disinvestment of HPCL and BPCL

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