THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Tuesday, August 21, 2001

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Opinion

Economy
Investment trends, post-reforms
THERE was a short but influential period in recent years when Indian policy-makers sought to persuade themselves and others that economic liberalisation and greater reliance on market mechanisms would imply that future economic growth would result from i ncreased efficiency of investment rather than rises in the investment to GDP ratio.

S&T: Driving China's exports
IN the 1990s, China witnessed profound changes in all spheres of life, particularly in science and technology, and trade. A key factor in its emergence as Asia's economic superpower is its capacity to adapt and change. This article analyses how China has used science and technology to promote technology exports, and its strategy to revitalise trade.

Decade of reforms -- Where do we go from here
THE one area where India can take legitimate pride as a leader in world development relates to information technology. Internet connectivity has reached even isolated rural villages allowing critical meteorological, health and crop information to be acc essed and shared. There is also a growth of regional IT-based economic clusters in the wake of demand for skills by successful startups leading to the opening of new universities and the rapid expansion of an extensive ancillary service sector.

Editorial
Positively charged
THE ELECTRICITY BILL, 2001, meant to be a comprehensive piece of legislation that would facilitate fresh investment in generation, transmission and distribution, is all set to be introduced in Parliament. The Bill, cleared by the Union Cabinet last week after the Group of Ministers gave its approval, reflects the need of the market and of the realisation that continuing with ad hoc policies will only harm the sector more.

Miscellaneous
Land of lotus-eaters
THEY say behind every successful man there is a woman. But behind every great person there is a Keralite, asserts the resident Malayalee.

Politics
Cheerleaders in Parliament?
FOR a country of continental size with a population of 100 crore, it is difficult to believe that India is unable to get even one gold in the Olympic games, when countries a fraction of its size pile up medals. In myths and bygone past, Bharat kiladis we re perhaps envied but today our record in games is unenviable.


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