The Hindu Business Line : Tuesday, August 12, 2003

Gaps in SEBI's case
THE BAN IMPOSED by SEBI on Mr Samir Arora, Chief Investment Officer of Alliance Capital Mutual Fund, preventing him from participating in any domestic stock market activity on charges of insider trading is a watershed in market regulation, ... More

ECONOMY

China and India — Is democracy the defining difference?
The democratic system in India makes for slow and sometimes tortuous progress as it has to rely on consensus building. But this may turn out to be more stable and irreversible than what has happened in China, says Alok Ray. More

Per capita income growth in the States
Much of the discussion of the growth performance of States stems from perceptions of aggregate output performance rather than per capita output growth. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investiga te trends in per capita State Domestic Product of the major States since the 1970s, and consider the implications for regional inequality in India. More

TRADE & LABOUR UNIONS

Viva la Huelga!
(Or `Long Live the Strike' — slogan of United Farm Workers of USA, coined by its founder Cesar Estrada Chavez, 1927-93) A MONTH ago, sitting at a wayside tea-stall near the DMS complex in Chennai, a ... More

Epochal, absolutely epochal
The Supreme Court has offered its view that employees of government do not have a mechanistic "right to strike". It is epochal since it creates room for ordinary people, and because it debunks divisiveness. The Supreme Court has offered all a chance to re-integrate so that India can grow into a liberal democracy that allows room for ordinary people. More

LETTERS

Right to strike

Political discipline

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