Inklings ...........................................4 Editor’s notes....................................5
Banking:
Regional inequalities widen,
financial exclusion continues ................... 10
Macro ecnomics:
Why new banks in India? ....................... 14
Interview - Asim Dasgupta:
we have reasons to be optimistic...............15
Defence cannot be left to the ad -
hoc policy planning ...............................42 Residential property prices:
how affordable are they? ...................... 20
Towards more relevant
public policy making ............................. 34

Fiscal report:
Goods and services tax -
a much awaited tax reform ..................... 18
Cover story:
This sad neglect of agriculture .................. 24
Andrapradesh:
Bypoll results
shock Congress & TDP ........................... 32
Traffic engineering:
Metro Rail mess....................................36
The Thiruvananthapuram model ....39
Capital notes.................................... 44
Energy: A profitable roadmap to
alternative energy ............................... 46
City Corner .................................................. 49