The writer is chairman, 15th Finance Commission

December 05,2004 00:00:00 AM
We are often rudely jolted by a rail incident of one kind or the other: a derailment, an accident, a bridge collapse, a signal failure or a ...
Sun, Dec 05, 2004
November 28,2004 00:58:15 AM
I am in Paris to speak at the second conference on India organised by the Indo-French Association (AFUI), being held at the French Senate un...
Sun, Nov 28, 2004
November 21,2004 01:02:55 AM
The proposal for a more productive use of our foreign exchange reserves has received mixed response. This is not surprising. Both sides are ...
Sun, Nov 21, 2004
November 14,2004 00:00:00 AM
The myriad coloured fireworks of the Diwali night would have barely subsided when Bollywood embarks on a new blitzkrieg of what they call th...
Sun, Nov 14, 2004
November 07,2004 00:00:00 AM
The recent Cabinet decision raising the foreign equity cap for domestic civil aviation from 40 to 49 per cent created some excitement. This ...
Sun, Nov 07, 2004
October 31,2004 00:00:00 AM
Indian newspapers have extensively reported the Petroleum Minister’s statement abroad indicating that the Government is ready for hard ...
Sun, Oct 31, 2004
October 27,2004 00:00:00 AM
Thus the final act in the infamous St Kitts forgery case. The acquittal by the trial court at Delhi, of the only accused left, the so-called...
Wed, Oct 27, 2004
October 24,2004 00:00:00 AM
The recent decision on disinvestment which envisages an Initial Public Offering (IPO) for 15 PSUs and fresh issues for another 20 listed one...
Sun, Oct 24, 2004
October 17,2004 00:00:00 AM
By the time this article appears, the electoral verdict in Maharashtra would be known. Whatever be the political complexion of the new Gover...
Sun, Oct 17, 2004
October 10,2004 00:00:00 AM
Last week, crude prices crossed $52 a barrel, auguring perhaps a new era of high energy prices coupled with volatility. One must sympathise ...
Sun, Oct 10, 2004
October 03,2004 00:09:43 AM
The annual meeting of the World Bank and the International Monetary Fund begins in Washington this week. As is customary, the Finance Minist...
Sun, Oct 03, 2004
September 26,2004 00:00:00 AM
The Prime Minister’s first visit to the UK and US after he assumed office was preceded by a flurry of activity. The Cabinet approved th...
Sun, Sep 26, 2004
September 12,2004 00:00:00 AM
I have been invited to speak at the 40th annual convention of the Federation of Hotel and Restaurant Associations of India on the broad them...
Sun, Sep 12, 2004
September 05,2004 00:00:00 AM
Atque inter silvas Academi Quaerere Verum.(And seek for truth in the groves of Academe)Horace 65-8:BC EpistlesI am having a somewhat crowded...
Sun, Sep 05, 2004
August 29,2004 00:00:00 AM
I am here in Vermont to speak at the Summer Recess of the International Business Council of the World Economic Forum on the general theme of...
Sun, Aug 29, 2004
August 16,2004 00:00:00 AM
Prime Minister Manmohan Singh is widely admired for his transparent personal honesty, his impatience with the trappings of power and his int...
Mon, Aug 16, 2004
August 15,2004 00:00:00 AM
‘‘Trade is the natural enemy of all violent passions. Trade loves moderation, delights in compromise and is most careful to avoid ...
Sun, Aug 15, 2004
August 08,2004 00:13:53 AM
For the first time in post-Independence India, the country would have the privilege to hear a true professional as India’s Prime Minist...
Sun, Aug 08, 2004
May 27,2004 00:00:00 AM
A Congress-led coalition government has taken over at the centre. But with the announcement of portfolios came news of some very unseemly be...
Thu, May 27, 2004
April 26,2004 00:00:00 AM
There is the issue of relationship between migration and development. This has multiple dimensions which, inter alia, include methodological...
Mon, Apr 26, 2004
April 24,2004 00:00:00 AM
Walter Lippman had once said “The great social adventure of America is no longer the conquest of the wilderness but the absorption of f...
Sat, Apr 24, 2004
February 20,2004 00:00:00 AM
Heraclitus once said that ‘‘nothing endures but changes’’ and this is especially so in the global economy. The centre of...
Fri, Feb 20, 2004
January 24,2004 00:00:00 AM
India’s primary tasks are to address rising budget deficits and pare down continuing constraints on the market economy. Total public de...
Sat, Jan 24, 2004
January 23,2004 00:00:00 AM
A horse never runs so fast as when he has other horses to catch up with and outpace. — Ovid Would it be reasonable to suggest that gi...
Fri, Jan 23, 2004
January 19,2004 00:00:00 AM
The judgment in the long-awaited Lakhubhai Pathak case finally came on December 22. The special judge acquitted not only former prime minist...
Mon, Jan 19, 2004





