Commodities
Bt cotton fiasco -- Stepping onto a booby trap
"ISN'T it like sending a soldier to the battle front and then ask him not to use the latest sophisticated assault rifle,'' a British radio journalist asked me the other day. He was referring to the Government's initial decision to burn down the illegally
grown genetically modified cotton on some 10,000 acres of farmland in Gujarat.
Economy
Work culture in the US and India -- The difference says it all
A COMPARISON of work practices in the United States and India reveals stunning differences.
India's corporate economy -- Fallen between two stools
GROWTH is uniquely dependent on household savings. Long-term investments are aggregated from household savings that flow in trickles. Financial market components such as stock markets; investment institutions such as mutual funds and insurance companies;
and depository institutions such as commercial banks play a pivotal role in fuelling growth by feeding voraciously on household savings and then investing them responsibly in corporate resourcefulness. The global financial sector makes mountains out of
molehills.
Human development: A touch slow
IN INDIA, the basic purpose of planning is to improve peoples choices and their well-being. The country has been categorised by the Human Development Report 2001 as a medium-human development country. The Human Development Index gradually rose from 0.406
in 1975 to 0.510 in 1990 and stood at 0.571 in 1999. It has taken India a long time to cross the 0.8 mark to join the ranks of the high HDI countries.
Destination China
WITH China becoming a full member of the World Trade Organisation (WTO), it is all set to improve its trading profile by adopting pragmatic foreign trade policies and transforming its domestic sector.
Editorial
Joy for Govt, but....
BY ANNOUNCING A special interim dividend of 750 per cent (Rs75 per share), the VSNL board has completed the process of stripping the company's reserves on behalf of the Government. This latest payout and the dividend of 400 per cent (Rs 40 per share) a
nnounced in July add almost Rs 2000 crore to the Government's coffers.
Miscellaneous
High living, simple thinking
EVER since the times of Upanishads, simple living and high thinking has been a basic tenet of all religious writings. The lives of numerous saints and mystics have corresponded to this remarkably. Many have chosen to be mendicants and dervishes.
Terrorism
India must go all out to fight terrorism
THE shock and outrage at the terrorist attack on Parliament, the most powerful symbol of a democratic nation, has given way to a sense of bewilderment at the ease with which the perpetrators could drive into a fortified complex.
