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PM stresses on reforms for creation of jobs
India's manufacturing sector is expanding too slowly. Prime Minister Manmohan Singh, warned his communist allies that more reform and new labour laws were needed to stimulate job creation. Mr Singh, who began India's economic reforms as finance minister a decade-and-a-half ago, said manufacturing was critical to moving from a farm-based economy to an advanced, richer one..
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PM stresses on reforms for creation of jobs

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In Focus


For a brighter India
Growing privatisation is manifesting itself in the field of distribution and generation of electricity. The Machinist takes a look at the Indian power sector, the single largest destination for new investment today

It's all about making the future of the country brighter. India has taken giant strides in the field of power since independence. From generating less than 1,500 MW of electricity in 1946, the country's generating capacity had increased to 107,792 MW by March 2003. However, the country still has a long way to go. Apart from the perennial power shortages that nag the country, the demand for electricity is constantly going up by 1.5 per cent for every one per cent increase in the GDP. And... more>>

 

 
  In Focus  
 


Powerful impact

Dr KK Govil discusses the evolution of power reforms in the private sector

There has been a great debate in the perception about the power sector reforms. The infrastructure development in this sector has been hampered. I would like to go through the process of reform and see where the private sector has been allowed to grow, where it stands today and what can be done about aiding the private sector, so that there is a real growth of the power sector...more>>

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