![]() Financial Daily from THE HINDU group of publications Friday, November 08, 2002 |
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OPINION EDITORIAL Asean initiative ADMITTEDLY, NEW DELHI has made a big splash in South-East Asia with its suggestion by the Prime Minister, Mr Atal Bihari Vajpayee, in Phnom Penh at the first India-Asean summit to set up a free trade area with the 10-member bloc. ... More FOREIGN TRADE India-Asean entente: Is China the trigger? THOUGH delayed, India needs to be congratulated for making a breakthrough in establishing an institutional framework to foster closer economic ties with Asean (Association of South-East Asian Nations). Paradoxically, when Asean was launched, in ... More TAXATION
Focus on cutting transaction costsWhile there has been some initial concern over the Kelkar Committee's suggestion of doing away with the multiplicity of export promotion schemes and retention of refund of duties paid through the drawback route, the panel's suggestions on trade facil itation and co-operation from the Customs deserve praise for their exporter-friendly intent, says G. Srinivasan. More DISINVESTMENT
Systemic approach to privatisationWould privatisation in a particular segment lead to greater efficiency in the use of resources and promote faster GDP growth? This is the question we ought to pose and not to what extent the fiscal deficit would fall by selling some PSUs. What you do with the proceeds of privatisation is as important as why you need to privatise a particular unit or segment of the public sector. What we need is a systemic approach to privatisation. More ECONOMICS Psychology of stupidity? ECONOMICS has never been a science in the sense physics or chemistry is, and economists have always felt a sense of discomfort on this account. That is why they try to give it a veneer of science with their laws, models, equations and ... More LETTERS Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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