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Corporate Economy Expressions Markets Leisure 12 February 1998   Management education stands mismanaged The heart of currently much celebrated free enterprise market systems is competition which is the goad that triggers invention and innovation. Present day free societies have moved a long way from the classical laissez-faire and it can not be anyone's case to eliminate governmental control on making and monitoring rules to ensure fair play. Freedom to select students in a transparent and fair manner without any interference by government which must, however, ensure that the system of admission announced by institutions is in fact actually practiced.   BJP unearths "damning evidence" against Nehru If the Congress party is going overboard in its attempt to prove that Atal Behari Vajpayee had "disassociated" himself from the Quit India movement in 1942, can the saffron brigade be far behind? History has been kind to the Bharatiya Janata Party (BJP) as well and rummaging through the archives the party has found a report prepared by Mahatma Gandhi's adopted English daughter -- Meera Behn -- on a meeting held at Anand Bhawan which clearly indicts Nehru for his overt attempts to sideline the Father of the Nation. Capital-conscious The national accounts data released on February 6 show that the incremental capital output ratio (ICOR) has improved to 3.6 in 1996-97. The incremental capital output ratio measures the extra amount of capital required to increase one unit of output and the lower figure indicates that capital is being used more efficiently. The 1994-95 figure for the ICOR was even less than 3.6, but the ratio increased to 4 in 1995-96. Labour pains Public sector organisations have little alternative but to move for a review of the Supreme Court's decision on absorbing contract labour. Otherwise they would be burdened with having to absorb thousands of workers in their rolls.   Sonia and resultant show of unity may do some magic for Congress The entry of Sonia Gandhi in campaigning, consolidation of dalits, Muslims, Marathas, Kunbis and Malis, simmering discontent against the Shiv Sena-BJP alliance government and above all a separate Vidarbha state will decide the fate of the ruling saffron combine and opposition parties in 11 parliamentary constituencies of the Vidarbha region. Polling in these constituencies is slated for February 22. Small is beautiful, believes Men At Work Small companies are better suited to innovation and that is the reason why IT giants buy their products and sell these under their own brand name, according to Tarun Malavia of Men At Work (MAW), a software firm which does product development. MAW, the recipient of PC Quest Users Choice award for 1997, has developed a multilingual package named Leap, tailor-made for domestic use.     The Index