The Hindu Business Line : Friday, March 01, 2002

No thumbs-up for Sinha
A GOOD CHANCE to lead the Indian economy out of the wasteland has been lost by the Finance Minister, Mr Yashwant Sinha, leaving economic players with "a significant feeling of disappointment," as put aptly by industrialist Mr S. K. Birla. When it ... More

BUDGET

We're on the way, but don't know where
THERE is an old story of the former President of the Philippines, Mr Joseph Estrada, pertaining to the period when he was a professor and commuted daily by train between home and college. One day, when the ticket inspector came for checking, Mr ... More

Realising where the shoe pinches
THE Finance Minister, Mr Yashwant Sinha's Budget for 2002-03 is more realistic, more oriented to agriculture and the rural sector, and less preoccupied with the interests of the corporate sector and the upper middle class groups than all his ... More

Measures bold and innovative
IT is, by now, clear from the stock market reaction that the Budget is not going to set Yamuna on fire. Clearly, there are moves to reduce subsidies, to tackle bad loans in banks, transfer reform onus on to States, where it is clearly lacking, ... More

Drifting on defence
THE allocation for Defence in Budget 2002-2003 must have come as a disappointment to those who expected the contours of security concerns to be re-drawn in the wake of 9/11; but it must have been a relief to those who, like the Nobel Laureate ... More

Oil's well
THE long discussed and debated issue of dismantling of the Administrative Price Mechanism (APM) will finally be implemented with effect from 1 April 2002. The Finance Minister has also announced that petroleum products pricing will henceforth be ... More

Expectations belied
ON the face of it, the Budget proposals unveiled by the Finance Minister, Mr Yashwant Sinha, at the first instance, seem pretty disappointing, especially when matched against growing industry expectations. Considering the recessionary ... More

`Too cautious on reform'

No rewards without risks

Budget to encourage growth in shipping

From dreams to implementation

Some tough measures too

Good news for tea; bad for batteries

Big push to growth

A good Budget, but will it click?

Half a step forward

A tough one, but positive

Sticking to the old course

Missed opportunity to go the extra mile

No feel-good factor

FERTILISERS

Nutrient, at last
SINCE Budget 2001, when the Government decided to crack down on the burgeoning subsidy bill on fertilisers, there have been a series of measures aimed at curtailing the quantum of subsidy paid to manufacturers of fertilisers. Manufacturers of ... More

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Oil sector deregulation: A(nother) P(erfect) M(anipulation)

Hardware measures -- PC prices seen unchanged

Banks to cut lending, deposit rates

Changes galore for individual taxpayers

10 more services come under tax net -- Rs 1,400-cr additional mop-up seen

Sinha lands a knock-out punch -- Rs 12,700 cr extra taxes on individuals, corporates

In Depth
Inside Kashmir

Guide to derivatives

US-64

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Feb. 17-Feb. 23
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Equal work, unequal pay