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Budgeting
for growth |
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Amidst concerns of a larger
conflict with Pakistan and the expected pre-occupation in the
coming weeks with state assembly elections, Union finance minister
Yashwant Sinha begins his annual series of pre-budget consultations
with expert groups and sectional interests this week. |
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UTI
doled out some pricey favours |
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The Tarapore Committee, set
up to review the functioning of the Unit Trust of India, meticulously
documents and classifies, without fear or favour, UTI’s many
decisions that led to the recent spectacular collapse. |
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FACTUAL:
Saumitra Chaudhuri
A weird tale which holds out hope |
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Many economic myths abound
in this land of snake charmers. We have all heard the uplifting
story of how centralised planning resolves the co-ordination
problem; how markets fail and the reluctant babu has to take
over; how private investment follows on public capex; and so
on. |
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EAVESDROPPER:
Where are all the worthies? |
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North Block corridors may
be abuzz with top cop M B Kaushal’s possible elevation to the
office of Delhi’s lieutenant governor — indeed, no one who knows
anything about this IPS officer is willing to believe that he
can retire into oblivion — but more interestingly, the government
has still not found a suitable successor to the man who demitted
the office of secretary, internal security, on December 31. |
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Will
Yashwant Sinha gamble on growth in Budget 2002-03? |
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Finance minister Yashwant Sinha
has his task cut out for himself. He has to stimulate growth
of the manufacturing sector, which has been stagnating, through
a set of fiscal and non-fiscal measures in the forthcoming Budget. |
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PRE-BUDGET
MEET: Rajeev Jayaswal & Veeshal Bakshi
India Inc. to focus on sector-specific issues |
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India Inc. will raise sector-specific
issues during its pre-Budget meeting with finance minister Yashwant
Sinha on Tuesday. Prominent among the identified sectors which
will figure during the meeting include automobiles, drugs and
pharmaceuticals, textiles, telecom equipment, steel, hardware,
capital goods and cement. |
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DOHA
AND AFTER: Pradeep Mehta
Domestic agenda for India |
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Exploit the potential of the
Indian service sector comprehensive reforms are required in
insurance sector, banking etc. And adopt independent regulatory
mechanisms that would regulate unfair practices in trade etc. |
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COMMON
CAUSE: Manika Gupta
Greetings with a purpose |
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Ever wondered what to do with
your used greeting cards? Re-address these cards to TNT India.
Of course, the international express distribution company won’t
keep the cards for itself. |
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COMMON
CAUSE: Huma Siddiqui
Lessons in disaster management |
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The DPEP has also
involved the community in the repair works. It has engaged villagers
by way of formation of village civil works committees. |
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