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Friday, October 2, 1998

Lack of funds hampers education
The Human Development Report 1998 has revealed that India has been ranked 139th among 174 countries in terms of overall human development, despite the country showing improvement in several fields. The report has expressed serious concern about the state of education and literacy in India.

Restructuring US 64
Now that the problem is out in the open, UTI should not bury its head in the sand and hope that it will go away. Fixing unit prices well above the NAV means that new entrants subsidise those exiting the scheme.

Jungle full of laws
India has too many laws. These proliferate documentation. In turn, these have created a massive system of bureaucratic inspection. There is too much sand in the machine. This calls for a massive clean-up.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


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