The Hindu Business Line : Wednesday, February 06, 2002

Disinvestment in higher gear
THE SUCCESSFUL COMPLETION of the strategic sale process in IBP and Videsh Sanchar Nigam Ltd.(VSNL) confirms that the disinvestment programme has moved into a higher gear. The significance of the sale lies not so much in the resources generated as ... More

ECONOMY

For a return to fiscal austerity
A wise Finance Minister should not err on the side of excessive optimism, so far as Budget estimates are concerned. Normally, it would be better for him if events turn out to be more favourable than his projections. Economic forces do not depend on t he state of expectations of political leaders. However, the time is ripe to put the finances of Central and State governments on a fiscal emergency basis. Otherwise the growing fiscal and revenue deficits now at the State level will lead to an intole rable and uncontrollable situation in the country's finances. More

POLITICS

Andipatti and then what?
FOR the DMK and other Opposition parties in Tamil Nadu, it is all over bar the shouting in the Andipatti Assembly by-election. So secure seems the AIADMK General Secretary Ms Jayalalithaa's position in this constituency, also her political mentor ... More

Inter-faith harmony
IN THE wake of the series of gruesome terrorist attacks in the US and India, there has been a kindling of interest in the precepts of Islam, in general, and the teachings of the Koran, in particular. Reportedly, there has been a spectacular spurt ... More

TECHNOLOGY

Managing hazardous wastes
Do not, under any circumstances, allow yourselves to copy exactly what the US has done. The US is an extremely litigious society and the regulatory agencies know that they have balanced the conflicting political objectives of the industrial ... More

`Gizmo' and `Segway' in urban transportation
ROADS in American cities are getting increasingly overcrowded by the flood of automobiles rushing in all day, mainly on account of changing lifestyles that revolve around the mobility provided by the car. The burgeoning numbers of personal ... More

LETTERS

Economy first

Tax exemptions

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