The Hindu Business Line : Monday, September 05, 2005

REGS: How to make it really work
The Rural Employment Guarantee Scheme, though laudable, is an idea that is beset with problems — functional, social, financial, and so on. P. V. Indiresan suggests an alternative that would benefit the poor directly and also their richer neighbours, and thinks this may have a higher probability of success. More

EDITORIAL

Exiting Maruti
EVER SINCE SUZUKI was allowed to raise its stake in Maruti Udyog — first from 26 per cent to 40 per cent and then to 50 per cent in the early 1990s — there was little strategic purpose in the Government continuing to hold any stake ... More

BUDGET

Outcome Budget — Credible evaluation only from independent agency
AS PROMISED in his annual Budget for this fiscal, the Finance Minister, Mr P. Chidambaram, has come out with an Outcome Budget for 2005-06. The Prime Minister had emphasised then, as also in several recent speeches, ... More

ECONOMY

Globalisation and persistent inequality
The agenda for globalisation is "dominated by the issues of free trade, intellectual property rights, financial and capital account liberalisation, and investment protection". Absent are issues "of critical importance to developing countries" such as labour mobility and financing mechanisms to compensate marginalised countries and social groups. — The UN Report on the World Social Situation More

FOREX

Why rupee may not fall further
A LITTLE more than a month after China revalued the yuan, the Indian rupee is again in the news. This time, though, the rupee has fallen and the focus is on finding out if it will fall further. There have been ... More

SHIPPING

Terminal Handling Charges in Kolkata port — Shippers, shipping lines on collision course
Shipping lines and shippers are at daggers drawn over the Terminal Handling Charges of the Kolkata Dock System. The former insist that ports the world over levy THC but the shippers complain that these charges have been used by the shipping lines and their agents to fleece the trade. More

NATURAL CALAMITIES

Snide and biased sideswipes
THIS column conveys its deep sense of shock and sorrow at the unimaginable magnitude and scale of the horrendous devastation caused by hurricane Katrina in its destructive passage across the States of Alabama, Louisiana and Mississippi. Its ... More

KATRINA'S DISASTER TRAIL
A super-power all at sea?
A RECENT front-page report in The New York Times described the extent of corruption in hospitals in Bangalore. The story described how Velankanni, who had just been delivered of a baby in a local hospital, had to ... More

LETTERS

All hands to the plough

Banking on investments

Saving the mangroves

No more plastic

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