Corporate
Corporate governance: The variants
It should be noted that as globalisation of the economy proceeds, there will be some, though perhaps limited, convergence, and indeed there already is evidence of that. In continental Europe there is evidence of a trend towards more market-oriented indus trial organisation and a greater role of shareholders in corporate control.

Economy
A good beginning
IT MAY BE early to rejoice but, hopefully, the substantial improvement in the Government's fiscal position in the first quarter marks a turnaround for the country. The Central Government's fiscal deficit for the first quarter ended June at Rs. 25, 073 crores is substantially lower than the Rs. 33,512 crores in the same period last year; it was 22.5 per cent of the Budget Estimates compared to 41.9 per cent.

Poverty alleviation and rural upliftment
With two-thirds of the population living in rural areas, improving the efficiency of India's agriculture is the key to attaining high growth. India spends twice as much on agriculture as its East Asian neighbours but the composition of its public spendin g with a significant proportion going for

Management
Competitive advantage
MICHAEL Porter, Professor of Strategy at the Harvard Business School, was the genius who gave the world the concept of Competitive Advantage through his publications, Competitive Strategy, Competitive Advantage, and the Competitive Advantage of Nations.

Miscellaneous
A millionaire's perspective
NOW HERE is a question none of us can resist asking -- how do you get rich quick?

States
Veerappan: End this farce
AT SOME exasperating point the sordid saga of forest brigand Veerappan ceases to resemble the plot of a `B' grade Indian movie with the villain-captures-hero and hero-beats-villain-to-pulp plot. It becomes worse.

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