The Hindu Business Line : Tuesday, December 06, 2005

An urban mission
ON SATURDAY THE Prime Minister, Dr Manmohan Singh, launched the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), a gigantic scheme for urban development. The aim is to improve the basic services in over 60 cities with a population of ... More

ECONOMY

The employment-poverty link in Bangladesh
The reduction in poverty in Bangladesh has not been commensurate with the expectations generated by the macroeconomic pattern of relatively stable and non-inflationary growth. In this edition of Macroscan, C. P. Chandrasekar and Jaya ti Ghosh say the common perception is that the presence of micro-credit delivery systems in Bangladesh has provided a cushion to poor households during shocks. But the basic features of micro-credit (short-term, small amounts, groups pressure for repayment) mean it has not contributed much to asset creation among the poor, or to sustained employment generation. More

Targeting inflation
THE RESERVE bank of India (RBI) has always been the diligent watchdog of the economy. Its decision to clamp down on the emerging inflation is proof enough. India's experience with inflation has been a bitter one. The ... More

Budget strategy for 2006-07 — Consolidate, optimise, deliver
The Finance Minister, Mr P. Chidambaram, would do well to devote the 2006-07 Budget to the improvement and consolidation of the outcome of the initiatives and schemes already taken up and the restoration of the fiscal health, instead of including any new or ambitious programmes. The Budget would, in this sense, be minimalist, allowing the Finance Minister and his colleagues to bend their energies wholly to get the maximum bang for minimum buck, says B. S. Raghavan. More

MANAGEMENT

Indian ethos in management
The ability to do the right thing and, what is more important, doing it every time is the noblesse oblige in the managerial milieu. It must become the done thing, the insignia and talisman of a professional manager. More

PEOPLE

B. R. Ambedkar, the economist
AS THE nation observers his 49th death anniversary today (December 6), it may surprise many to know that Dr Bhim Rao Ambedkar, celebrated as the "Father of Indian Constitution," found economics closest to his heart ... More

LETTERS

Education loans
This is with reference to the report, "Banks gear up to curb education loan defaults," (Business Line, December 5): The non-performing assets in education loans are mostly on account of a few intentional defaulters. I'd like to mention an ... More

Dual citizenship

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