The Hindu Business Line : Saturday, July 17, 2004

EDITORIAL
The human under-development
THE JUST-RELEASED Human Development Report places India at 127 out of 177 countries ranked by the United Nations on a combination of income and social parameters. Only the most jingoistic of Indians would draw any solace from the fact that some ... More

BUDGET
Budget 2004-05 — Ploughing a difficult furrow
The Budget, despite its limitations, has been welcomed for the primacy it gives for equity while industry also gives credit to Mr P. Chidambaram for what he could do in the circumstances. But the question is, how effective this Government will be in implementing the programmes for creation of productive assets and for reaching the basic services to the targeted poor, says S. Sethuraman. More

POLITICS
The lure of Democracy
THE latest issue of the `Human Development Report' says that Indians have a very high regard for their institutions, higher than what people have in the US, Germany, Switzerland and Australia. A second interesting ... More

TAXATION
Service sector far from served
Mohan R. Lavi on the Budget proposals affecting the service sector More

A sure way to securities revenue
The new tax on securities transactions can turn into an easy-to-manage revenue generator, says S. Murlidharan More

Fits and starts in gift tax
T. C. A. Ramanujam on the new moves in the gift tax regime More

Falling short on reason
The Budget proposals on capital gains are not well conceived, says T. N. Pandey More

BOOKS
Essays in honour of Manmohan, the professor
LAST week, the Finance Minister presented the first Budget of the new government, factoring in all that is dear to the Prime Minister. An essay in honour of the Prime Minister, one might say, considering Dr Manmohan ... More

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