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Next Topic - Economy



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Administrative Note:
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Week's Agenda: Social Conditions

  Minimum Wage
  Rules regarding Safety of Personnel at work to be made clear
  Introduction of Social Security Net
  Introduction of identity card
  Removal of Age discrimination at work
  Creating conditions so that reservations will no longer be necessary
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This week's topic is Economy. Next week we will take up
Defence & Foreign Affairs. That will be followed by Healthcare.
Following are the points already brought up.

ECONOMY

Privatization of nationalized and other public sector industries -
Telecom, Media, Metal & Associated industries, Power generation,
Electricity Boards, Automobile, Cement, Banking, Insurance,
Fertilizer and City Waste Management to be privatised.

Private Ownership of land property and intellectual output. Sound
inheritance Law to be passed. Lapse of ownership with either death 
or time.

Patent machinary to be strengthened and enforced.

No price regulation

Collective bargaining by labour will be encouraged but attempts to
influence bargaining nationwide will be discouraged.

Regulation of profiteering and monopoly

Restore confidence in the capital market - Measures to bring back
small investors to the capital market by raising transparency and
accountability of listed companies as well as that of capital market
intermediaries.

Setting up of derivative markets. Constarints on hedging of exposure
on international markets to be phased out.

Following prudent fiscal and monetary policies. Bring central and state
budgets into balance.

Keeping inflation in check and using interest rates as a policy instrument.

Keeping real interest rates low to boost investment.

Scrapping of Planning Commission.

Freeing RBI from control of executive. Allow it to research and implement
best policies. Only goal of RBI will be to check inflaton.

Banking and Transport sector to be deregulated.

Internal deregulation before foreign deregulation.

-Arvind

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