The Hindu Business Line : Wednesday, August 24, 2005

National Employment Guarantee Scheme — Well-intentioned, but poorly designed
The National Employment Guarantee Bill may not work because the scheme itself is modelled on earlier schemes that failed and the government, having learnt little from experience, still plays the central role. Unless there are amendments to the Bill r elating to the definition of the term `family', penal provisions against those who misuse the scheme for profit and the wage rate, the Bill will only deal another blow to an enfeebled village economy. More

EDITORIAL

Inflation concerns
AS THE COUNTRY moves towards the kharif harvest — less than six weeks to go for the withdrawal of the South-West monsoon — the good news is that inflation is under control. Due to cheaper food items including vegetables, inflation ... More

ECONOMY

The ever-elusive 8 per cent growth rate
THAT higher growth is essential to improve the quality of life of the people is no more a topic for debate. How best to accomplish it is, of course, an issue. And why incremental growth is not translating to a commensurate fall in intensity of ... More

POLITICS

Speaker calms storm
THE Lok Sabha Speaker, Mr Somnath Chatterjee, is credited with running an orderly and disciplined House as he sets much store by conventions and holds deep respect for institutions. He has time and again voiced his vexatious concern over the ... More

TECHNOLOGY

Wireless infidelity can fail in Wi-Fi hotspots to put you in a spot
CHENNAI has always been a political hotspot, it is said, providing lively entertainment to people, what with intense activity in party offices. Now, the city's airport has a Wi-Fi `hotspot', the first of 300 that BSNL has planned for launch in 15 ... More

MANAGEMENT

Institutional diseases
IT IS wrong to assume that only the animate — birds, animals and human beings — are prone to diseases and attacks by viruses and germs. Organisations too are equally vulnerable to malaise and mortality. As in the case of the ... More

STOCK MARKETS

Does economy need the bull run?
The current global perception seems to be that the sustained bull-run is not due to any "irrational exuberance" but a vote of confidence in a resurgent India. But rapidly rising stock prices are neither necessary nor sufficient for boosting economic growth, says Alok Ray More

LETTERS

Deposit mobilisation

Credit card regulation

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