Jobless growth
Growth impulses have lost steam--conspicuously so in mining, in construction and in community, social and personal services--but the GDP, measured at 1993-94 prices, has grown by a remarkable 5.8% in 1998-99.

Tackling weak banks
The setting up of a working group for suggesting measures to revive the weak public sector banks helps focus attention on a critical issue facing the Indian banking system. The presence of weak banks enhances the possibility of contagion in the financial system, and the sooner these banks can be turned around, the lower will be the risks.

Centre aid to telecom firms must be prudent
The entire telecom services sector in the country is right now in a perfect mess with the Government and the service companies trading charges.

  The Index