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Friday, October 22, 2004

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OPINION

EDITORIAL
Ambitious on FDI
THE PRIME MINISTER, Dr Manmohan Singh, is confident that India can attract as much $150 billion, over a ten-year period, in Foreign Direct Investments in the infrastructure sector if a transparent and independent regulatory structure is put in ... More

ECONOMY
The world economic disorder
Despite six decades of their existence, multilateral agencies such as the UN, the World Bank and the IMF, have not been able to make the world a better place in terms of peace, security and development with equal opportunities for all citizens. More

Stability of prices or inflation?
Though the preamble to the RBI Act, 1934 mentions "monetary stability" as the objective of the central bank, it was quietly changed to mean a stability in the rate of inflation, variously mentioned as 5, 6 or 7 per cent, depending on the latest trend in prices. There is a qualitative difference in policy-making between the two, says A. Seshan. More

HORTICULTURE/FRUITS & VEGETABLES
Endless tale of the essential onion
A FEW days ago, members of Rapid Action Battalion stood near onion shops in Bangladesh, in response to public outcry at the spiralling cost of the vegetable. Traders should have shed tears, because they were forced to ... More

POLITICS
A poll tear-jerker?
THAT onion is an election issue in some States is well known, the latest case in point being the Maharasthra Assembly elections. In the run-up to the Assembly elections, the National Congress Party (NCP) leader and ... More

RURAL DEVELOPMENT
Revitalise rural credit thru Nabard
The huge gap in rural credit still exists in spite of a wide rural credit structure. Therefore, the time has come to leverage Nabard's formidable financial strength to revitalise the rural credit structure. More

INTEREST RATES
Interest rates can move down too
The secular downward movement in interest rates in the last few years has made the market insensitive to the fact that there exist "interest rate cycles". If growth rates, inflation numbers and liquidity levels can move from one extreme to the other, so can interest rates. More

PEOPLE
V for Vijay Kumar
THIS column will be remiss if it does not join the chorus of appreciation that the Special Task Force (STF) of the Tamil Nadu police has earned from all over the world for the heroic achievement in ridding the State of ... More

LETTERS

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