OPINION
SOCIAL SECURITY
Providing social security to unorganised workers
The lack of provision of basic social security for the vast bulk of workers in India is one of the more depressing features of Indian society. This is sought to be corrected in the recent recommendations of the National Commission for Enterprises in the Unorganised Sector. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh consider the main proposals in the Report and the associated legislation that will be required, and argue that this must become a priorit y issue for the Government.
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EDITORIAL
A steely catalyst
The Mittal-Arcelor combine has the potential to trigger events that can change the course of the steel industry world-wide.
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ECONOMY
BIS annual report on global economy — Inflation and other underlying imbalances
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PETROLEUM
Pricing the poor man's fuel
The Government not raising the prices of kerosene and LPG has raised hackles in some quarters. Are they justified? Undeniably, kerosene is a poor man's fuel and must not be burdened with hike in its price. ...
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COTTON
Time for re-assessment of crop bio-technology
`GM cotton has raised yields and reduced pesticide application leading to net gains to farmers and the textile industry.'
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CORPORATE BONDS
Corporate bond market — Needed, an efficient trading platform
Any liquid market in corporate bonds requires improved disclosure standards, reliable credit rating agencies, good quality paper, an efficient trading platform and a well-functioning clearing and settlement mechanism. This would attract investors wil ling to take the risk if the returns are commensurate. The report prescribes fiscal policy tightening in both industrial countries and emerging markets.
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LETTERS
Flaws in PDS
Taxing zones
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