Articles

Prime Minister Deve Gowda has promised to give 10 kilos of cereals to every poor family at half the market price. This may cost up to Rs 3,500 crore if fully implemented. This big fiscal burden will be mitigated by […]

When politicians like Mr P Sangma and Mr Vayalar Ravi complained that judicial activism was getting excessive, I shrugged it off as the ploy of vested interests. I had a similar reaction when businessmen began to complain about raids on

When politicians like Mr P Sangma and Mr Vayalar Ravi complained that judicial activism was getting excessive, I shrugged it off as the ploy of vested interests. I had a similar reaction when businessmen began to complain about raids on

Many people wail about the ITC scandal.Who would have thought that such top class professional managers would behave like the most crooked Iwnias? If professionals behave like this how can they claim to be superior to owners who siphon crores

Keeping a diary can be a dangerous pastime, as the Jain brothers will testify. Yet any businessman or politician worth his salt will tell you that it is simply not possible to operate in a control-cum-kickback raj without keeping meticulous

Should rural land ceilings be raised to enable corporate houses to start commercial farming? Prime Minister Deve Gowda thinks so, and so does Mr Jyoti Basu, but agriculture minister Chaturanan Mishra is dead against it. He believes the implemention of

The conventional wisdom in India has long been that the public sector is the locomotive of the economy, pulling the private sector along with it, so if public investment falters, so will private investment. Liberals like me disagree on the

Dear Priyaranjan Das Munshi and Vayalar Ravi At a time when most people are expressing delight at judicial activism to catch crooks in politics, you have expressed dismay. You say the old harmony of relations between the legislature, executive and

Readers are often told by economists that a high fiscal deficit is disastrous. In fact, given India’s political economy, high deficits are in some quick ways proving a blessing. Is India’s high fiscal deficit leading it into a debt trap?

Newspapers carried screaming headlines last week about a sensational new discovery. At a demonstration attended by top scientists, Mr Ramer Pillai boiled a handful of herbs in water with some chemical additives, and produced 600 ml of kerosene. Optimists suddenly