The Hindu Business Line : Tuesday, February 25, 2003

Delisting issues
HAS THERE REALLY been an exodus of foreign companies from the country's stock exchanges, as is widely perceived? The Finance Minister, Mr Jaswant Singh, may take heart that only a third of the companies that have sought delisting in the last five ... More

BUDGET

Jaswant Singh on the balancing beam
THE Finance Minister, Mr Jaswant Singh, must have by now planned the broad framework of his maiden Budget. This year's Budget should promote savings and investments. Mr Jaswant Singh not only has to create new growth impulses through investments ... More

ECONOMY

Pitfalls of targeting subsidies
Though there is justification behind the NIPFP's proposal to the Finance Ministry that all subsidies be given `directly' to the intended beneficiaries and made `transparent', the Government should carefully evaluate the pros and cons of direct supp ort to farmers/consumers in the light of the ground realities, points out Uttam Gupta. More

World Bank's new brush with poverty
In a replay of the McNamara years, across the developing world the Bretton Woods institutions have been modifying their rhetoric to make poverty the centrepiece of the Comprehensive Development Framework that ostensibly guides their lending practic es. The Poverty Reduction Strategy Papers (PRSPs) are supposed to exemplify this new approach. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh assess the experience with PRSPs over the last three years. More

The need for legitimacy
Recent experience has made clear that no market-driven economy, developed or developing, is free of "governance" problems, in both the public and private sectors. More

OILSEEDS & EDIBLE OIL

Edible oil: Is a cut in import duty necessary?
IN HIS customary style, Malaysia's Primary Industries Minister, Dr Lim Keng Yaik, during his two-day camp in New Delhi recently, pressed the Indian Government for a cut in Customs duty on crude palm oil from the existing 65 per cent. The ... More

LETTERS

Budget ritual

Forex reserves

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