Thursday, March 30, 2006

Publication and Research, IIPM

Whatever the outcome of these legal battles, there is little doubt the FBT is a hugely unpopular move by the government. To recap some of the details: medical expense reimbursements enjoyed by employees will be taxable; Leave Travel Allowances will be taxable; telephone calls made from an employee’s residence will be taxable; education allowances for children will be taxable and entertainment expenses borne by companies and individuals for promoting business will be taxable.

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Source- IIPM Editorial, 2006

Publication and Research, IIPM

They derived monopolistic statures from the Indian government’s protectionist policies, which made them conglomerates more by chance; until of course, liberalization brought in the competition much required by the Indian economy. Dismantling of old legacies and burdens has since become an unavoidable imperative for these companies as well. Professor Tom Kirschmire, London School of Economics, has tremendous faith in the Indian model of growth, more so than in China; but feels that the "conglomerate structures themselves result in capital getting blocked."
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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Why is it worth digging up this history now? Because the twin sparks that ignited Qutb’s world changing rage are currently being doused with gasoline: Arab and Muslim bodies are being debased in torture chambers around the world, and their deaths are being discounted in simultaneous colonial wars, at the same time that graphic digital evidence of these losses and humiliations is available toanyone with a computer.
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Source:- IIPM Editorial, 2006

Publication and Research, IIPM

Consistently indulging in diets delightfully high in fat, together with liberal intakes of red meat, takes you a lot more than just one step closer towards developing cancer, gout, gallstones, raised blood fat levels, deficiencies and kidney disease.
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Source:- IIPM Editorial, 2006

Neglecting other killer diseases (Publication and Research, IIPM)

Whether it is Bill Gates and Richard Gere or Shabana Azmi and Nafisa Ali, everybody seems to be worried about the grave danger that the killer disease AIDS is posing to India. Some wild estimates even predict that more than 10 million Indians will be killed by AIDS every year after 2010, and that it will devastate the Indian economy, since most of the victims will be from the working age group contributing to India’s growth. No doubt, AIDS is a menace and needs to be tackled. But this obsession with AIDS neglects traditional killers like T.B, malaria and diarrhoea. Just a look at some numbers will clearly reveal the bias of the chattering classes towards AIDS.
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Source:- IIPM Editorial, 2006

Well informed readers are flummoxed by the contours of the power crisis (IIPM Publication)

Even well informed readers are often flummoxed by the contours of the power crisis because of the complexity of its genesis and the sheer number of institutions involved in the whole mess. There are the State Electricity Boards (SEBs) that have run up accumulated losses that exceed Rs 500 billion. There are the limited number of private generators of power like the Tatas. Then there are Central PSUs like NTPC - the largest power producer. There is Power Grid Corporation; there is the Power Finance Corporation and there is the Central Electricity Authority (CEA). Then, there are private distributors of power like CESC, Reliance Energy and Tata Power. Finally, there are the state and Central power regulatory commissions who have been known so far for their sins of omission than anything else.
Source:- IIPM Editorial
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Coyright:- IIPM 2006