Crony Capitalism At Its Worst; FM Must Quit

The current crisis of the financial system is not one of merely a depressed stock market and a scam in UTI. It is now becoming clear the crisis goes well beyond — into other financial … Read more

India Infrastructure Report: Old Wine in Old Bottle

In the never-never land Indian capitalism, all that is required to generate wealth for the people is to promote the market and invite in private and foreign capital. In infrastructure, private ownership will be more … Read more

India External Debt: More than Meets the Eye

It has been claimed by the Government of India (GOI) that India’s  debt burden is not significant. In a report to the World Bank (India’s External Debt – A  Status Report, GOI, June, 1999), it … Read more

Animating Cartoons and Automating Consumers

With advances in electronics art, entertainment and information delivery are being restructured creating a new information order. As technological development transforms the various elements of television, films and distant learning introducing the new domain of … Read more

Infrastructure Sector and the Withdrawal of the State

(Courtesy: Economic & Political Weekly: Volume XXX.P.2114/34/1995) The “new” will always be far more evocative than the “old”, particularly as the old is visible as the present with all its ugly manifestations, warts and all, … Read more

Degrees In Pseudo-Science

THE University Grants Commission (UGC) on February 23 wrote to Indian universities announcing its clearance for the introduction of regular courses in Vedic Astrology in universities under its purview from the coming academic year. This … Read more

Technology: Breaking The Cycle

  THE current approach to the Eleventh Plan identifies that the “growing interest of foreign direct investors in the economy provides a valuable method of injecting resources into the economy, upgrading our technological standards and … Read more

Urban Renewal Mission: Whose Agenda

THE UPA government last week announced a Rs 1,00,000 crore National Urban Renewal Mission (NURM) named after Jawaharlal Nehru, directed at substantial improvement in infrastructure and tackling of poverty in over 60 major cities in … Read more

Going, Going… Boeing!

THE Air-India (AI) Board finally announced its long-awaited decision on the procurement of new aircraft to replace its ageing fleet as well as to meet the challenging new environment in international air travel. To the … Read more

US Department Of Justice Succumbs To Microsoft

ON November 1 this year, US District Judge Colleen Kollar-Kotelly approved of the agreement between the Justice Department and Microsoft on its anti-trust case. This agreement, while admitting that Microsoft was a monopoly and had … Read more

Creating Brand Images: Television And Sports

THE recent controversy over the ICC and cricket underlies the power of television and money in sports today. Briefly, Rupert Murdoch had reached a 550 million dollars deal with the ICC by which during ICC … Read more

Globalisation, Reforms And Health Care

INDIA embarked on its present path of economic liberalisation, on instructions from the World Bank and the IMF, relatively late. But in 1991 the infamous Manmohan Singh budget set things in motion. The immediate fallout … Read more