The Hindu Business Line : Wednesday, February 20, 2002

PMO okays 26 pc FDI in periodicals -- Dailies spared; 100% in advt proposed
THE Government is set to seek the Cabinet's approval for a proposal to permit 26 per cent foreign direct investment (FDI) in the print media for periodicals including weeklies, fortnightlies and monthlies. If approved, this would end a moratorium ... More

Bajpai is new SEBI chief
THE Chairman of the Life Insurance Corporation of India (LIC), Mr G.N. Bajpai, is the new Chairman of the capital markets regulator - the Securities and Exchange Board of India (SEBI). Mr Bajpai's selection was approved by the Appointments ... More

`Govt committed to solid defence industrial base'
THE Government wants to create a base for defence industrial production in the country to meet the growing military needs of the country and as well as for the world, the Defence Minister, Mr George Fernandes, said here on Tuesday. "Our vision ... More

Moves afoot for services sector export strategy
THE Commerce Ministry has initiated steps to formulate a medium-term export strategy for the services sector. At a briefing and interaction session on medium-term export strategy, 2002-07, on Tuesday, Dr H.A.C. Prasad, Advisor, Economic ... More

STATES

No end in sight for Govt staff strike in Kerala
THERE appears no end in sight to the indefinite strike launched by the Kerala Government employees a fortnight ago what with the high-power committee of the ruling United Democratic Front (UDF) also endorsing the Government stand. The committee ... More

Plan panel faults Centre for States' profligacy
As loans accruing to the consolidated fund of State Governments are largely swayed by the fiscal stance of the Centre, the latter is in a sound position to restrict the net borrowing level of States within limits deemed appropriate by financial plann ing. More

Economics and UP elections
THE elections to four State Assemblies are almost over. Reports and discussions in the media, including on the small screen, give the impression that no major issues of public concern have been covered by the political parties. It seems the ... More

Bengal turns to ballads to check power thefts
EVEN as the legislation to stop power theft in the State awaits Presidential assent, the West Bengal Power Department is planning to hold roadshows in districts, getting minstrels to belt out ballads in a devotional style to educate people on the ... More

Naidu takes on critics of AP fiscal policy
THE Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has called upon the critics of his economic policies - who recently compared it with that of Argentina's - to first analyse the finances of States such as Kerala, Madhya Pradesh ... More

Mizoram gets Rs 430 cr for annual plan
THE annual plan for Mizoram for 2002-03 has been fixed at Rs 430 crore, based on identifiable resources, at a meeting between Mr K.C. Pant, Deputy Chairman, Planning Commission, and Mr Zoram Thanga, Chief Minister of Mizoram. In his preliminary ... More

Skipped State
ONE of the participants at a gathering of the Lions I addressed recently asked me in some anguish to explain why Tamil Nadu is left out of the itineraries of world famous international personalities of the likes of President, Mr Bill Clinton, and ... More

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PMO okays 26 pc FDI in periodicals -- Dailies spared; 100% in advt proposed

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Feb. 10-Feb. 16
Ministry irked at slippage in I-T collection

Delicensing dilemmas

States may have to foot SEB dues

Govt relaxes control on bulk drugs