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   EDITORIALS
Wednesday, Aug 22, 2001 
Mr Maran’s message
  Once bitten, twice shy. Union commerce minister Murasoli Maran has a point when he says that India made a “down payment” in the Uruguay Round; that it will not do so the next time round unless there is something in it for the country.
Incoherent outbursts
  Mr Kanwal Rekhi, the angel investor from the US, has stirred a hornet’s nest by accusing the government of incoherence. Protection of any kind is anathema to him and he finds a correlation between the government’s incoherence and protectionism.
PRO BONO PUBLICO: S S Tarapore
Reading the tea leaves of ratings
  The inevitable has happened. International credit rating agencies have downed the hammer on India’s rating. We all knew that there was nothing new in the rationale behind the downgrade. Then why the official outrage and the almost subservient support of the official position by industry associations?
SIXTH SENSE: Murali Gopalan
ONGC gets its act together
  There is a new sense of purpose at the Oil and Natural Gas Corporation with radical changes being implemented to enhance efficiency. The new corporate rejuvenation campaign will strive to recharge the organisation to meet the challenges and opportunities in an era of market-determined pricing, which will be effective from April next year.
OFF THE CUFF: The secret of Mother Dairy’s success
  If there is a co-operative organisation alive to both business opportunities and social responsibility, it is the Mother Dairy establishment, a subsidiary of the better-known National Dairy Development Board. Ours is the age of the showman and not of quiet competency. Therefore, Mother Dairy has hardly ever been in the news.
ON THE OTHER HAND: A Very Sick idea
  Trust the government to get healthy firms to foot part of the bill to help sick firms get back on the rails. It is so characteristic of the way it has chosen to govern the country -- pass the buck on to someone else whenever you can, appears to be the NDA’s underlying credo.

   ANALYSIS
BETWEEN THE LINES: Kuldip Nayar
Musharraf’s government and the great divide
  I have vainly looked through the Pakistan press and the writings of its columnists for a word of condemnation against these killings of Hindus in Doda or Jammu and earlier at the Amarnath pilgrimage. I can understand, if not appreciate, their attitude to the movement in the valley which is afire, unfortunately, more with fundamentalism than the Kashmiriyat.
HOME TRUTHS: Friends in deed
  The husband ventured into married life with an unshakable set of tenets that he’d expound to me on a regular basis: Wives take over a man’s life, wives distance a man from his family, wives keep a man away from his friends. I was 15 years younger then and much less experienced in the ways of men and matters—I can think of no other reason why I did not retort, “So why didn’t you stick with the family and friends? You shouldn’t have ticked the box that said Marriage.”
VIEWPOINT: Prabhat Kumar
Chinese dragon hits Japanese shore with a vengeance
  China has created a powerhouse of world-class manufacturing. Growing on the strength of domestic demand, it is consistently clocking 8-10 per cent growth rate. Annual exports have touched $259 billion. It is also moving from low end products to higher value added goods.
INDIA ON IMF ON INDIA—III: ‘Second generation reforms will be more challenging’
  Responding to the Article IV review of the Indian economy by the International Monetary Fund, India’s Executive Director on the IMF Board, Vijay Kelkar, defends India’s record and addresses the Fund’s “impatience and frustration” with the pace of change in India. Extracts from Dr Kelkar’s speech at the meeting of the IMF Executive Board (June 20, 2001).
 

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