OPINION
EDITORIAL
Different strokes on BPO taxation
THE LATEST GOVERNMENT circular on taxation of business process outsourcing seeks to reassure foreign entities having such captive operations in India that their global profits are not under the taxman's gaze. It has done this by reiterating that ...
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AGRICULTURE
Agrarian crisis in Andhra Pradesh
The extensive nature of the agrarian crisis in Andhra Pradesh is now widely known. But it is not more generally recognised that what has already happened in that State is actually replicating itself to varying degrees across rural India. In this edit ion of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate some of the problems affecting Andhra Pradesh agriculture, and the wider background in which they have occurred.
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POLITICS
Technocrats ignore political realities
Running a country is different from running a corporation. The crucial difference is politics. Politics is about power relationships; it is about economic ideology as well. Technocrat Dr Montek Singh Ahluwalia could have avoided the foreign experts row had he remembered these truisms, says Paranjoy Guha Thakurta.
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Baby with bathwater
THE Deputy Chairman of the Planning Commission, Dr Montek Singh Ahluwalia, in a fit of peeve over the criticism on the induction of representatives of foreign consultancy firms and multilateral lending institutions into ...
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STOCK MARKETS
SEBI rulings: Case of inexplicable inconsistency
Inconsistencies in approach while making judgments can seriously impair SEBI's reputation as a fair regulator.
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LETTERS
Public debt management
Reforming bureaucracy
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