Airlines
IA pays the price for myopia
THE OTHER day, a newspaper headline proclaimed that a private airline had taken over the leadership of the domestic skies from Indian Airlines when its board decided to increase fares from a particular date without waiting for the national ca
rrier to take the initiative, as has in fact always been the practice.
Economy
God's country and curse
The country's natural bounty, it is said, has been offset by its politicians. But the failure is everyone's, including the media, says V. Anantha-Nageswaran, looking both at the fisc and the polity.
Cleaning up the insolvency system
THE WIDESPREAD abuse of Sections 22(1) and 22(5) of the Sick Industrial Companies (Special Provisions) Act, 1985 has, in recent months, emerged as a subject of debate in diverse fora all of which, whatever be their other differences, are unanimous that t
hese sections should either be scrapped or modified significantly if thousands of crores of rupees worth of assets are to be restored to productive deployment.
Editorial
Ad-hocism continues
THE LATEST SET of sops for the SSIs is one more instance of the continuing ad-hoc treatment of this crucial sector. More disappointingly, the accent of the so-called `new package' once again seems to be on providing crutches rather than improvin
g the competitive strength of the sector.
Information Technology
E-ducation
HERE is a question that is cut out for Kaun Banega Crorepati: Which country has schools having all of the following: Crowded class rooms, lack of essential facilities such as toilets and racks to keep tiffin boxes and bags, poor libraries, unkem
pt playgrounds, unmanageable teacher-pupil ratio, falling standards? (A) Czechoslovakia (B) Macedonia (C) USA (D)India
Miscellaneous
Fixing responsibility in a crisis
WHEN organisations face a crisis, the immediate concern should be to find a solution that resolves it.
Petroleum
Time to clear up the oil pool mess
PRECARIOUS as the Central fisc is, it is facing another risk from the mal-operation of the oil economy.
