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News Analysis
Taking the plunge
In Tamil Nadu, the AIADMK Government sees no option other than reforms. Radha Venkatesan reports.
Mounting dues, empty coffers
Populism and pandering to sectional interests...have had a debilitating effect on the finances of the States, writes Alok Mukherjee.
How VAT works
By A.M.

VALUE-ADDED Tax (VAT) by its very name implies tax on value addition. Tax is paid at every level where there is value addition to a product, but there is a set-off for tax paid at earlier levels of production. Thus, the cascading effect of ...
From prosperity to penury
Maharashtra's debt could soon overtake the country's external debt, Oommen Ninan on how this once prosperous State has been reduced to such a plight.
Will the gamble pay off?
Even as Andhra Pradesh's debt burden rises, its efforts to rope in investments have yet to come through in real terms, says Dasu Kesava Rao.
OPINION
War madness
By Radha Burnier

Human society has been so plagued by war that classroom history often centres round wars. People talk of war almost as if it were a commonplace event. There are, indeed, accounts of how in the old days peasants ploughed their fields and continued ...
WAR ANALYSIS
War as spectator sport
By V.R. Raghavan

At the height of the war when the U.S.-led coalition forces were rushing for time, the commander of the British Forces made a fascinating remark. Air Marshal Burridge was unhappy with the way the media was covering the war. He went on to say that ...



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