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Macroeconomic analysis of union budget 1995-96
(1995-10-05)
The Union Budget for 1995-96 was the fifth
consecutive budget presented by Dr
Manmohan Singh, but its formulation was
a more difficult task than the earlier ones
for various reasons. This article by Bakul H
Dholakia ...
Hurdles to upgrading technology: the story of Indian foundries
(1995-10-06)
Based on a field study covering 25 foundries
from different parts of the country, this
article by S Ramnarayan is an attempt to find
out the major blocks for technology
upgradation in the foundry industry and
how some ...
Economic reforms and industrial growth
(1996-07-14)
While the supporters of economic reform look at industrial growth
mostly through supply side efficiency, critics point to the demand
constraint. This note discusses some of the possible supply and demand
side factors ...
The effects of R & D foreign technology purchase and domestic and international spillovers on productivity in Indian firms
(1996-10-06)
-Using panel data on Indian firms from 1974-75 to 1981-82, we
provide estimates of the impact on output of Indian firms' R&D expenditures,
their technology purchases, and international and domestic R&D spillovers. The
...
The political economy of electric power in India: part II
(1996-07-14)
Since the cancellation of the Dabhol Power Project (DPP), the debate about electric power in India has come
into the public view, raising hopes that corrective measures can be taken to have a viable, cost effective and ...
Corporate governance in India: disciplining the dominant shareholder
(1997-10-11)
The nascent debate on corporate governance in India has tended to draw heavily on
the large Anglo-American literature on the subject. This paper argues however that
the corporate governance problems in India are very ...
Small scale chemical industry in Gujarat: structure, conduct, and performance
(1996-10-07)
This is an empirical study based on the primary data from a sample of 208 small-scale chemical units in Gujarat
for the years 1986 through 1990. The details on the various dimensions of the structure, conduct and ...
Why not push for a 9 per cent growth rate?
(1997-07-15)
One quite indisputable gain of the reform has been the increasing openness of the economy. The rise in the
openness ratio began in the mid-1980s and accelerated in the 1990s, following the depreciation of the currency
in ...
Impact of the budget on the capital markets
(1997-10-08)
This was a budget that carried reforms
forward in all the main areas - fiscal
correction, tax reforms, and tariff reforms.
Most importantly, the budget broke the
vicious cycle of worsening expectations
that had put ...
Budget: a retrograde for agriculture
(1997-10-07)
According to the author, though the
budget has some positive initiatives for
agriculture, they are unlikely to pull the
sector out of its poor growth in postreform
period. Moreover, the budget
shows that the govern~ent ...