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Showing posts with the label Economics

स्व-बनिया आंदोलन

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क्या रसोई की छोटी-मोटी ज़रूरियात के लिए आप वाहन से इतनी दूर पधारेंगे? दे शीय व्यवसायों के स्वार्थ की रक्षा के नाम पर पिछले कई सालों से जगह-जगह एक पाखण्ड का मंचन हो रहा है। दावा यह है कि यह स्वदेशी जागरण या आंदोलन है। परन्तु इन मंचों पर एकत्र वक्ताओं और नीचे जुटे श्रोताओं पर एक नज़र दौड़ाइए तो यह स्वदेशी नहीं बल्कि स्व-बनिया अभियान सा प्रतीत होता है। बोलने वाले दुकानदार, सुनने वाले भी दुकानदार; या फिर ऐसी राजनैतिक पार्टी के लोग जो पार्टी मूलतः इन्हीं दुकानदारों के चंदे से चलती है। प्रतिपक्ष की सबसे बड़ी पार्टी इस मामले में कितना पाखण्डी है यह  इस रपट  ( http://m.indianexpress. com/story_mobile.php?storyid= 882221 ) से जानिये। वैसे आज भारतीय जनता पार्टी विपक्ष की भूमिका उसी प्रकार निभा रही है जैसे सन् २००२ ई० में कांग्रेस ने निभाई थी। उस वर्ष १६ दिसंबर को आज की सत्तारूढ़ पार्टी ने मुख्य प्रतिपक्ष के नाते संसद में कैसी शंका जताई थी यह  इन उद्धृतियों  ( http://www. indiankanoon.org/doc/1378142/ )  से जानिये। इस मामले में सरकार का यदि कोई दोष है तो वह राजनैतिक है, अर्थनैतिक नहीं।

Was VSNL BJP's 2G?

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Response to Purnima S Tripathi's article [ click on the headline for the Frontline feature ] F rom an editor's perspective, I see some loopholes in the writer's argument. First, it's a leftist viewpoint, which dictates that profit-making PSUs should not be divested. As per the point of view of an advocate of liberal market, however, government has no business being in the telecom trade; it must confine itself to social sectors. It further dictates that governments cannot sustain the vibrancy of a company in the long run, no matter how sound the fundamentals of the company are at the time of disinvestment. Second, when the writer says, "Industry experts... pointed out that the company was doing well... ," one wonders who these "experts" are, as none is quoted to that effect in the article. Prabir Purkayastha, whose views are explained in the next paragraph, appears to be the only person on whose views the article is based. And he cannot b

Commonwealth Shames...

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... India and the Games' apologists blame the victim — Indians — for not being nationalistic enough A n international games event is often hosted in a place with the aim to uplift the local economy. The Commonwealth Games has so far served this purpose well in several cities in various countries that hosted them (this event is strictly associated with the hosting city and not the hosting country). Prime among these examples is the 2002 chapter that was held in Manchester that was passing through its worst phase of unemployment, a fallout of the closure of hundreds of textile mills the city has historically been known for. The city received a considerable facelift as a result, and at least 20,000 jobs were created as a direct result of the infrastructure upgrade. The most prominent of the economic changes observed by the city because of the 2002 Commonwealth Games was Microsoft, the company that took charge of the cyber support for the event, making the city its European headquarter

New Tension Scheme

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The awareness about the just-launched New Pension Scheme is abysmally low. That is unfortunate because the NPS may turn out to be the best long-term investment product From May 2009 onwards, Indians have had access to another investment avenue to plan for retirement in the New Pension Scheme (NPS). The scheme had been in the pipeline for at least five years but it finally took shape in 2007-08. Although the government was pushing for the scheme after a law providing statutory backing to the regulator was enacted, the Left parties, which were supporting the UPA government, did not allow the passage of the Bill. So, last year, the government decided to go ahead by allowing the NPS Trust to enter management agreements with fund managers. What benefits does the NPS offer? Who is eligible? Business Standard provides a ready-reckoner. Who can join the New Pension Scheme? Any Indian citizen between 18 and 55 years. At present, only tier-I of the scheme, involving a contribution to a non-withd

!ncredible India... Indeed

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The Indian tour and travel industry is by and large unaffected by the global economic downturn _________________________________ MoneyLIFE Bureau & Surajit Dasgupta _________________________________ H as the economic slowdown decided to leave the tourism industry alone? Or are things looking good because, as the song says, everybody wants a summer holiday? It is a bit of both. Outbound tourism is booming. The worldwide economic slowdown has seen many countries offering never-before discounts and incentives to attract international tourists; this has meant a big increase in foreign travel. Ashwini Kakkar, executive vice chairman of Mercury Travels says, “Actually, outbound travel is doing even better than last year. Because of the fall in prices internationally, a holiday in Bangkok is cheaper than a holiday in Kulu. So where would you go? You can get a great five-star property at Bangkok for $40 a night, while in Kulu, you can’t get it even at $200 a night because of limited avail