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Friday, July 23, 2004

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OPINION

EDITORIAL
Dexterous moves
CONSIDERING THE DELICATE nature of the ruling arrangement at the Centre, the Finance Minister, Mr P. Chidambaram's reply to the Budget debate in Parliament was vested with more than ordinary significance. His response on the twin questions of ... More

BUDGET
Budget: Good intentions drained by leaks
A CLOSE look at the portions of the Finance Minister, Mr P. Chidambaram's speech that capture the "human face" of the 2004-05 Union Budget brings out three points clearly. First, the Government is thinking really ... More

ECONOMY
FRBM Act: Will it really end deficits?
Can the much-touted Fiscal Responsibility and Budget Management Act really make governments behave? If, indeed, the fiscal or revenue deficit is to be substantially reduced, there is no substitute for political will, says T. V. Somanathan, exa mining the mechanics of the FRBM, and the international experience with similar laws. More

Budget 2004: Not the last word
"BALANCED but hardly inspiring," said the London Economist about India's Budget. Interpreting the electoral mandate as a vote for change, the Finance Minister, Mr P. Chidambaram, quoted the ... More

POLITICS
Why not populism?
THE intrinsic aim of populism, as understood in the US where it had its origins in the latter part of 19th century, is to support the rights and powers of the common people in their struggle with the privileged elite. ... More

LETTERS

  • EPF rate
  • Budget leakage



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