Swaminathan S. Anklesaria Aiyar

How not to Privatise

For those labouring under the illusion; that Mr Narasmiha Rao is really serious about liberalising the Indian economy, a look at the proposed privatisation of Indian Iron and Steel Co (IISCO) will prove sobering. Staggering under accumulated losses of Rs […]

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No Exit, No Entry

The demonstration by leftist trade unions in the capital last week was aimed mainly at the proposed change in the Industrial Relations Act. Today workers cannot be retrenched save with government permission (which is rarely given) in companies having over

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Socialism Versus Socialism

WITH the collapse of the Soviet Union, it has become commonplace to say that capitalism has triumphed over communism. I think this is misleading and inaccurate notion. What has triumphed is the market-driven welfare state, the mixture of private enterprise

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