The Hindu Business Line : Tuesday, March 11, 2003

A sweet reprieve
IT IS A shame the Cabinet has decided to defer complete decontrol of sugar by more than two years, to October 2005. After giving repeated assurances given to Parliament of total decontrol of the industry by March 2003, the Government has done an ... More

BUDGET

Jaswant proceeds with caution
While consistently focussing on growth, Mr Jaswant Singh has not failed to provide a humane touch to the Budget proposals. More important, he has delivered a `feel good' Budget with something for everyone. Unfortunately, one cannot wish away the poli tical compulsions confronting the Finance Minister in a difficult financial year, especially with elections round the corner, says S. D. Naik. More

Budget 2003-04 — Retarding development
Mr Jaswant Singh's first Budget does very little to promote growth or employment, and penalises the State governments and agriculture, both of which are already facing difficult conditions. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh examine the implications of this Budget for the economy. More

Not ordinarily resident status -- A sting in the Budget fineprint
WHILE the income-tax proposals in the latest Budget have generally been welcomed, an obscure item tucked away in the fineprint contains a severe sting in the tail for NRIs, expatriates in India and those who have returned to India from abroad. ... More

Budget tamasha
THE Budget tamasha has ended sooner than expected. Unlike as in the past, it did not begun very well for corporate chieftains what with Mr Jaswant Singh deciding to do away with the customary pre-Budget consultation exercise. Of course, ... More

ECONOMY

Medium-term fiscal trends
THE first point relates to the effort to curtail the fiscal deficit. With interest payments, subsidies and Defence expenditures pre-empting a large share of the Government's revenues, the effort to curtail expenditure in order to reduce the ... More

LETTERS

LIC fine-tuning

Low growth

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