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 TODAY'S COLUMNIST | | Finance and India’s development |  | | The Congress-led UPA government, despite being shackled by coalition partners and internal disagreements, has sponsored two important reports on financial sector reform in India. 05.07.07 | |  |
| | | | EARLIER COLUMNS |  |
| | |  | A new social contract for India | | | To analyse the PM’s Ten Points, it is useful to frame them: the PM was using the occasion of addressing captains of industry to ask them to step up and make a difference. 31.05.07 | | | | Towards a better framework | | | My column last month on inflation and monetary policy provoked more response than usual, no doubt because of the heatedness of the debate, rather than any one thing I wrote. 04.05.07 | | | | Taking stock of inflation management | | | With inflation a headline story in India, and the Reserve Bank continuing its inflation control efforts—most recently by hiking its lending rate and banks’ cash reserve ratio. 05.04.07 | | | | Sustaining India’s high growth | | | India’s local governments raise about 1% of government revenue, and account for about 5% of government expenditure. That compares with 23% and 51%, respectively, for China. 09.03.07 | | | | |
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