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30 January 1998
  At what cost are reforms and liberalisation being pursued?
Advocacy for reforms has been on the same tone and tenure as history witnessed the drives for socialism and modernisation which remained unfinished constitutional agenda. Politically ideas of economic development and modernisation were mooted by western economies to challenge to proliferation of virtues of "socialism".
  Time to securitise state-run units' debt
The disinvestment commission has been incapacitated. It cannot recommend policy or strategy, nor can it monitor the disinvestment process. The commission can only advise on public sector undertakings referred to it by the government. The change, made by a caretaker government, will be viewed with askance.

Gandhiji as a leitmotif
It is easy to guess that a strong common sense at times, more than political sagacity, made Gandhiji a leader extraordinary, that cast a spell across all strata, irrespective of attitude and vocation. We may as well mention about his sense of discipline or postulates relating to punctuality, cleanliness, keeping things in order and various other matters now fast losing their meaning.
Plantation bubble
Plantation companies promising fabulous returns on investment fifteen or twenty years hence have finally caught the eye of SEBI. These companies have been advertising their promises in the media. The top five plantation companies are reckoned to have garnered not less than Rs 3,000 crore, with Golden Harvest alone credited with a collection of Rs 1,000 crore.


LIC

Syndicate Bank

NCPRB

 

On a sticky wicket
Chandrababu Naidu's reversion of his earlier stand on increasing power tariffs for farmers in Andhra Pradesh is understandable in the context of the Lok Sabha elections, but it serves as a good example of the costs the country has to pay for the poll. There are reports that the withdrawal of the subsidised rice scheme and the repeal of prohibition may hurt the TDP.

Political prowling
The volte-face by Bihar leader Raghunath Jha, until the other day a close associate of Rashtriya Janata Dal chief Laloo Prasad Yadav, is unlikely to cause ripples in Bihar's pre-election scenario. Yet the fact that Jha has coolly attributed his shiftover to the Samata-BJP combine to the denial of a RJD ticket to him is another sign of the sharp deterioration in the values.

 


  The Index