OPINION
EDITORIAL
Going beyond MSP
MORE THAN HALF way into the kharif season, the Centre has announced the minimum support price for various crops. In recent years, despite the professed stand of providing primacy to agriculture, it was usually the policy-makers' indifference to ...
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ECONOMY
Is China worth emulating?
China has not been successful in attracting "huge" amounts of foreign investment as is being claimed. The real growth rate may be less than India's. Poverty and unemployment are rising again after some initial improvement. It appears the Chinese gove rnment has created a façade of high foreign investment and growth rates in order to attract the limited amount of foreign investment that it is getting. China may be behind India in each of the indicators if the whole country is compared. The façade will fall away if the Chinese government admits this reality and this limited inflow of foreign resources too will be cancelled.
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Yearning for authentic governance
India's stark socio-economic disparities have many causes, one of which could be the high modal income ratio. The difference in incomes between those employed in the government sector and those outside is among the highest in the world. These strikin g disparities point to the need for a re-examination of the quality of the `engagement' between the ordinary people and the government, says G. Ramachandran.
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Inflation is all gas
IT HAPPENED in a crowded bus that Mr Common Man found suddenly that his wallet was empty. Even as he was trying to figure out how he lost money, his neighbour in the seat said, sympathetically, "I'm sorry." This enrages ...
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FOREX
Forex market intervention for transition economies
DOMESTIC monetary policy and exchange rate management are largely affected by forex flows. The kind of exchange rate regime that is followed in an economy determines the impact of forex flows on monetary policy. ...
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MUTUAL FUNDS
Fund of funds for efficient asset allocation
EVERYBODY has changing investment requirements, depending on the market conditions and personal needs. Most people tend to invest more in equity despite market frenzy. People kept buying when the Sensex was riding ...
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POLITICS
New sovereigntism
THIS is an appellation that has gained currency to describe a tendency on the part of a country or its policy-makers to be narcissistically obsessed with its sovereign rights in its relations with other nations or in ...
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TERRORISM
Pakistan plots return of Taliban
Pakistan wants to restore Taliban control over Southern and Eastern Afghanistan so as to establish "strategic depth" throughout that country in the conviction that the Americans are bound to leave in due course. With elections approaching in Afghanis tan, Islamabad is bound to become active in its effort. New Delhi must not hesitate to join countries with which it shares a common interest in preventing Afghanistan from again becoming a Pakistani backyard and haven for terrorism, says G. Partha sarathy.
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LETTERS
PF rate
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