The envelope, please: Enron awaits verdict on Indian power project
Article Abstract:
A Maharashtra state cabinet committee has reviewed the Enron power project for India's western coast, but no word is yet available on its details. It almost certainly recommends some changes to the deal, signed by the preceding government and heavily criticized by members of the new one before their election. Outside analysts say the present deal's prices are fair, but it includes guarantees that would not now be given. A similar review of AES Transpower's project in Orissa state is likewise instilling caution in foreign companies.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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Boys of bondage: child labour, though banned, is rampant
Article Abstract:
India has a proliferation of child labor particularly in the prosperous carpet industry. In spite of the existence of the Child Labour Act which clearly prohibits the use of children under 14 in industries such as carpet weaving, 44 million Indian children in this age bracket are estimated to be working. In the face of government laxity and nonexistence of strict rules on compulsory primary schooling, importing countries could help in discouraging child labor through boycott threats.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Treading gingerly
Article Abstract:
The Indian government lifted price and distribution controls on phosphatic and potassic fertilizers on Aug 25, 1992, in an attempt to reduce the expenses on subsidies. It, however, re-introduced price controls on nitrogen-based fertilizers, apart from urea, and announced a 17% increase in the support price for rice and other mid-year monsoon crops. Observers feel that these measures are likely to substantially reduce the subsidy savings expected from the de-control.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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