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Tuesday, April 20, 2004

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OPINION

RICE
Is rice now Oryza MNC?
Rice, the principal food for more than 2.5 billion people in China, India and Indonesia, is more than just a grain. It is the essence of life in Asia, an unstated religion. But as the world commemorates the International Year of Rice 2004, a leading agribusiness multinational has claimed ownership of the grain. More

EDITORIAL
Using the dollars
HAVING SENSIBLY ERASED arbitrage options on NRE deposits, the Reserve Bank of India has few monetary instruments left to cope with the spring flood of dollars, with the week ended April 9 seeing the foreign exchange reserves go up by $3.37 ... More

ECONOMY
High growth must deliver jobs and equity
For 8 per cent growth to be sustainable, the country has to insulate itself against effects of monsoon failure. More

POLITICS
Coalition politics and regional identities
Political fault-lines cannot always be easily defined in India. There has been a fragmentation of the polity but coalitions also persist, perhaps because certain sections perceive themselves as having gained from a process of groups ostensibly speaki ng for them. This also explains the emergence of regionalism and the power of local parties, says Paranjoy Guha Thakurta. More

POWER
Clean Development Mechanism and Dabhol — Potential for significant value generation
AS FAR back as April 1993, the World Bank evaluated the Dabhol project and concluded that it was `not economically viable, and thus could not be financed by the Bank'. A lot has happened since the project was cleared ... More

BANKING
Rural banking — Opportunity for diversification and growth
STATE Bank of India, the country's largest bank, recently announced that it would shift its focus to Rural India to boost the retail portfolio. According to its Chairman, there is business opportunity in rural India. ... More

LETTERS

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