OPINION
EDITORIAL
Get ship-shape
SOME 40,000 SHIPS ply the planet's oceans, most of them crewed by the world's poor and owned by shadowy offshore companies flying flags of convenience. These embodiments of global capital and trade that carry almost all the raw materials and ...
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ECONOMY
Job schemes must effect grassroots changes
The final test of the Employment Guarantee Act will lie in the poverty alleviation it promises and the quality of assets it builds. That the assets it helps build should be maintained properly goes without saying. But whether the programme will succe ed in alleviating poverty is doubtful.
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Seeking outside-the-box solutions
All the misalignments retarding industrial growth are well known. Yet, nobody wants to correct the existing set-up to improve efficiency. One simple solution could be `rurbanisation' that will empower the rural areas to compete with cities and at the same time lead to high quality urban development. Thus, there are answers, but they need outside-the-box thinking, and that is the problem, says P. V. Indiresan.
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FOREIGN TRADE
Robust exports: The invisible realities
THERE has been robust export growth on both merchandise and invisibles performing well. Though India has moved towards technology-intensive products, the export structure has not shown any significant change. The ...
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BANKING
Pillars of Basel II
FROM time to time, the Bank for International Settlements (BIS), located in Basel, Switzerland, puts together esoteric edicts under exotic titles prepared by a few financial wizards of G-10 cloistered within its ...
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SOCIETY & DEVELOPMENT
It is in giving that they receive
While the Christmas season brings with it the feeling of generosity and of giving to others, such humanistic motivations are not sufficient for all. For, December is not only the `season to be jolly' it is also the end of the tax year, which means th at there are only a few more days to make that charitable donation in order to claim a tax deduction.
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ECONOMIC OFFENCES
Corruption index and India
A first achieved by India in the Global Corruption Barometer survey is the pessimism over the decline of corruption in the next three years or so. Of all those surveyed, 42.1 per cent felt that corruption would increase over time with 20.1 per cent e xpecting that it would rise substantially. Just 20 per cent felt that corruption would decrease. A whopping 55.8 per cent of those surveyed in India felt that corruption in the country would increase a lot.
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LETTERS
Conflict of interest
Tax on agri income
Green solutions
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