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CMP: IMPLEMENTATION MAIN ISSUE
Govt. role as investment catalyst
The whole approach of the CMP of the new government does make economic sense but marks no major changes in sectoral policies. An advantage is the absence of financial constraints but major implementation issues will pose problems, according to the au thors.

`Good intentions by themselves will not help'
The CMP of the new government at the Centre departs significantly from similar exercises in the past.

Profit-making fertilizer units not to be disinvested
NEW DELHI, MAY 30.The Union Minister for Chemicals and Fertilizers, Ram Vilas Paswan, today reiterated that profit-making fertilizer companies in the public sector would not be disinvested and particularly mentioned the National Fertilizers ...

`No major policy change likely'
THE COMMON Minimum Programme appearing in the papers today is a lengthy, generalised statement that does not commit the Government to any specific line of action. Let us take the three main issues on which much heat was generated during the ...

Massive outflows in equities
MUMBAI, MAY 30.The Foreign Institutional Investors (FIIs) recorded massive outflows in equities, especially from the second trading week onwards of this month, resulting in net sales of Rs. 3,436 crores following intensive volatile movement on ...

WEEK IN FINANCIAL MARKETS
Fear of reforms slowdown
SELLING PRESSURE was conspicuous on the bourses throughout last week and as a result equities lost further ground towards the week-end. Sentiment was guided by disappointment over the announcement of the common minimum programme (CMP) by the new ...



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