Economic Policy Commons^™

Privatisation In India: Concerns And Methods, Subhashish Gupta, N S Venkatesh

IIMB Management Review

The recent past has seen a spurt of proposals regarding privatisation. The most famous has been the Kelkar proposal, which was almost immediately countered by a proposal from the chairman of the Disinvestment Commission (DC), G V Ramakrishna, for the setting up of a National Shareholding Trust. In between, the Bombay Chamber of Commerce and Industry had come up with its own proposal regarding disinvestment. These proposals sparked off a debate regarding the privatisation process and brought into focus the issues and concerns regarding privatisation in India

Regional Economic Integration: From Independence To Interdependence, C T Selvarajah

IIMB Management Review

Liberalisation has seen many economies, especially in Asia, opening their hitherto sheltered domestic markets to global competition and providing greater opportunities to trade and foreign investment. The spinoffs of liberalisation bring in new implications, opportunities and challenges for the governments as well as the organisations involved. Round Table features some of the issues discussed in the conference on 'Managing Economic Liberalisation in South Asia : Directions for the 21st Century' held in Chennai, India, from August 10 -13. Selvarajah examines the realignment of economies towards globalisation as a development of regionalism. The shift in economic forces away from multilateral arrangements …

Fiscal Support For India’S Liberalisation - Is It Adequate?, Shyamal Roy

IIMB Management Review

For assessing fiscal policy support to India's economic liberalisation process, the quality of fiscal management is far more important than just monitoring the aggregates. Going by this framework of analysis, government expenditure and borrowing patterns have had a negative impact on the liberalisation process. In fact, the fiscal management of the economy over the years was so complete that it left little room for manoeuvrability in the fiscal variables in the budget 1998-99. Shyamal Roy examines budget 1998-99 and finds that though it may fail to achieve the fiscal targets, it does contain some ideas which if pursued vigorously can …

Industrial Clusters And Ssi Development, Mukesh Gulati

IIMB Management Review

Since Independence, Small Scale Industries (SSIs), have been playing a stellar role in the economic development of the country. SSIs account for more than a third of the total manufacturing output and generate almost 35 per cent of the country's exports. Importantly, they provide employment to more than ten million Indians. With the onset of economic liberalisation in the country-since 1991- even SSIs have been trying to redefine their role and adapt effectively to the changing macro-economic environment, where market forces are calling the tune. The Abid Hussain Committee, which was constituted to re-define the role of SSIs in the …

High Technology Entrepreneurship And Development In Bangalore, James Heitzman

IIMB Management Review

Since Independence, Small Scale Industries (SSIs), have been playing a stellar role in the economic development of the country. SSIs account for more than a third of the total manufacturing output and generate almost 35 per cent of the country's exports. Importantly, they provide employment to more than ten million Indians. With the onset of economic liberalisation in the country-since 1991- even SSIs have been trying to redefine their role and adapt effectively to the changing macro-economic environment, where market forces are calling the tune. The Abid Hussain Committee, which was constituted to re-define the role of SSIs in the …

Re-Thinking Reservation Of Goods In Ssis, H R Jairam

IIMB Management Review

Since Independence, Small Scale Industries (SSIs), have been playing a stellar role in the economic development of the country. SSIs account for more than a third of the total manufacturing output and generate almost 35 per cent of the country's exports. Importantly, they provide employment to more than ten million Indians. With the onset of economic liberalisation in the country-since 1991- even SSIs have been trying to redefine their role and adapt effectively to the changing macro-economic environment, where market forces are calling the tune. The Abid Hussain Committee, which was constituted to re-define the role of SSIs in the …

Institutional Framework For Ssi Support, V B Nanda Gopal

IIMB Management Review

Since Independence, Small Scale Industries (SSIs), have been playing a stellar role in the economic development of the country. SSIs account for more than a third of the total manufacturing output and generate almost 35 per cent of the country's exports. Importantly, they provide employment to more than ten million Indians. With the onset of economic liberalisation in the country-since 1991- even SSIs have been trying to redefine their role and adapt effectively to the changing macro-economic environment, where market forces are calling the tune. The Abid Hussain Committee, which was constituted to re-define the role of SSIs in the …

Promoting Entrepreneurship: Future Policy Directions, S Sundararajan

IIMB Management Review

Since Independence, Small Scale Industries (SSIs), have been playing a stellar role in the economic development of the country. SSIs account for more than a third of the total manufacturing output and generate almost 35 per cent of the country's exports. Importantly, they provide employment to more than ten million Indians. With the onset of economic liberalisation in the country-since 1991- even SSIs have been trying to redefine their role and adapt effectively to the changing macro-economic environment, where market forces are calling the tune. The Abid Hussain Committee, which was constituted to re-define the role of SSIs in the …

Ssis: Simplifying Rules And Procedures, M Mahabala

IIMB Management Review

Since Independence, Small Scale Industries (SSIs), have been playing a stellar role in the economic development of the country. SSIs account for more than a third of the total manufacturing output and generate almost 35 per cent of the country's exports. Importantly, they provide employment to more than ten million Indians. With the onset of economic liberalisation in the country-since 1991- even SSIs have been trying to redefine their role and adapt effectively to the changing macro-economic environment, where market forces are calling the tune. The Abid Hussain Committee, which was constituted to re-define the role of SSIs in the …

Liberalisation, Psus And Management Education, M R Rao, N M Agrawal

IIMB Management Review

With liberalisation, the functioning of the public sector, its part in the economy and the direction of management education have come into question. A host of issues including the factors that hamper the smooth functioning of the public sector, the controls appropriate to PSUs, the consultancy business and how management education could be made more meaningful, are discussed.

Navaratnas As Global Giants, K R S Murthy

IIMB Management Review

Nine Gems or Navaratnas among PSUs are gearing up for fast-track growth. Experience shows that the institutional framework in which these PSUs operate is not conducive to organisational innovation and growth. How can these Navaratnas compete globally? Can they gear up to the new challenge?

Beyond The Uruguey Round: The Indian Perspctive On Gatt: By Bibek Debroy, New Delhi: Response Books, 1996., Shyamal Roy

IIMB Management Review

No abstract provided.

Planning: New Imperative, Abid Hussain

IIMB Management Review

Planning must take note of the fact that while the economy is integrating, the indian polity is fragmenting and society is becoming more divisive. The fragmentation of polity and assertion of separate group or community identities are perhaps a part of an inescapable process. How this fragmentation and divisive aspects of society are to be managed in a national perspective, is an
the emerging challenge for planning.

                                                      The need right now is to stimulate further growth. Without higher growth, we will end up only redistributing poverty. Taking into account the growth performance of the Indian economy since 1980. It is …

A Consistency Model For India's Eight And Ninth Plans: With Analysis Of Basic Needs, Ranajit Dhar, M R Rao, Sanjay Goel

IIMB Management Review

India has been giving, as part of the various five year plans, an increasingly
high emphasis on poverty alleviation. However, success till now cannot be
considered as satisfactory. Nearly 40 crore people, representing half the population
of the country, are deprived of the basic necessities of life such as minimum
nutrition, clothing, housing, health and educational facilities etc. This number is the
same as the population we had at the time of independence in 1947.
The country is now engaged.in the preparation of the Eighth plan (1990-91
to 1994-95). It is essential that the problem of poverty alleviation is tackled …