The Hindu Business Line : Monday, June 28, 2004

INVESTMENTS
For inflation-adjusted FDs
INVESTORS are likely to take higher exposure in fixed-income investments what with stock prices declining sharply in recent times. But fixed-income investments run a high inflation risk because of cost-push factors. That inflation can hurt ... More

EDITORIAL
Not by credit alone
THE CENTRE'S RELIEF package for farmers that includes rescheduling of loans and substantial enhancement of institutional credit for agriculture should go some way in ameliorating the distressed conditions of a large section of the farming ... More

ECONOMY
Lessons for architects of liberalisation
INDIA'S management of liberalisation is back in the hands of its architects — the Prime Minister, Dr Manmohan Singh, the Finance Minister, Mr P. Chidambaram and the Planning Commission Deputy ... More

TERRORISM
Economics of privatising a war
When the government finds outside contractors who can do the job more efficiently, and at a lower cost, privatising is a sensible option. More

WTO
Another consensus, new prescriptions
THE developing world has heard of the Washington Consensus, ad nauseam. It has been a prescription for reform, enunciated by gurus of the Brettonwoods institutions. At the core of this Consensus are Ten ... More

RURAL DEVELOPMENT
Rural development, a new framework
Proposing a seven-part plan that involves no subsidies, but only a re-allocation of existing budget, P. V. Indiresan outlines how rural blocks can become competitive and efficient to attract private business and investment. Local administrati ons can build permanent infrastructure that will create new jobs, directly and indirectly. Then, no family need be destitute. More

INDUSTRIAL POLICY
Cluster dynamics
CLUSTERS of small and medium-scale enterprises (SMEs) have become the focus of attention of institutions such as the World Bank and the UN International Development Organisation (Unido) for their ability to contribute ... More

LETTERS

Rural development necessary

Nuclear power

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