Articles

MITI or \’mitti\’?

The BJP wants to strengthen Indian industry without scaring away foreign investors. Its manifesto talks of creating an institution like Japan\’s ministry of international trade and industry (MITI), which channelled substantial financial support to select Japanese industries after World War …

MITI or \’mitti\’? Read More »

MITI or \’mitti\’?

The BJP wants to strengthen Indian industry without scaring away foreign investors. Its manifesto talks of creating an institution like Japan\’s ministry of international trade and industry (MITI), which channelled substantial financial support to select Japanese industries after World War …

MITI or \’mitti\’? Read More »

What does Low Priority mean?

Now that it seems certain Mr Atal Behari Vajpayee will become the Prime Minister, the BJP\’s version of swadeshi will attract a lot of attention. Its stalwarts declare that foreign investment will be allowed in microchips but not potato chips. …

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Geography, not biology

Indian basmati rice has gained hundreds of millions of dollars from intellectual property rights (IPRs) bestowed on it by the much-maligned WTO agreement. This is little known since the eco-jingoists dominating the debate in India have consistently spread disinformation that …

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From Industry to Services

India’s greatest comparative advantage lies not in manufacturing but in services, says Swaminathan S Aiyar India\’s future lies in services, much more than industry. Most people in India almost automatically equate business with manufacturing. This is plain wrong. The share …

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