ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

From the Ivory Tower

From the Ivory Tower
New Strategy for Rural Development THE Reserve Bank of India issued new guidelines to the chairmen of all nationalised banks in March 1988 in regard to bank lending in rural areas (see Reserve Bank...
Banking and Decentralisation Arun Ghosh The adoption in India of the US pattern of banking
'Supply Side Economics' Is India Ready for the Recipe? Arun Ghosh There are very clear dangers of over-emphasising supply side policies, especially when our infrastructure is still inadequate and...
Advocates of monetary targeting recommend demand management in tune with plan investments and planned growth, via control over the volume of credit to the private sector. The snag, however, lies in...
There has been an explosion in the number of institutions engaged in socio-economic research. Most of them are in receipt of significant funds from the government of India, and many of them from...
Hrinum Kritwa, Ghritam Pivet Arun Ghosh There is a real danger that in a few years the Indian economy would get deadlocked with large investment needs but without the requisite domestic savings and...
vanished. A seething wave of anger is gradually engulfing this huge multitude of denied and deprived humanity. The divide between the two Indias widens year by year. The bridges of mediation and...
The Plan versus Departmental Prerogatives Arun Ghosh THE planning commission is reported to have been described some time back by its own exalted chief as a pack of jokers. Over the years, there has...
the assumption. If the administration itself takes the lawless road, everyone else will. The sudden upsurge of tribal emotions in different parts of the country is another indication of how things...
a problem arose. The loyal landlord, the affluent businessman, the top civil servant, each learned how to adapt to the imperial mould, not so different from the old feudal one. What was called for...
Something more cogent than continuous depreciation of the value of the rupee is needed to get us out of the position of stagnant exports, a large trade deficit and the prospect of an even larger...
the constituents of the Hindu pantheon. The obscurantists whom the system has nurtured over the years want their Ambedkar only in distilled measures; they would love to admire the Hindu expansionist...
Planning has no relevance today except as an annual ritual within a five-yearly ritual. The government has no economic programme. It need not have one any longer, for the Doordarshan network is...
Apologists of government policies, both in the government and outside, have been saying that what the economy needs today is a consumption orientation which is likely to provide the required impetus...
see reason and observe the terms of the agreement, so he, president Jayewardene, was welcome to take whatever measures he chose to take. But, despite the opposition parties, with tails demurely...

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