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COVER STORY

MUTUAL FUNDS

July  29 - Aug 04, 2002   
ISSUE # 30  

There are efforts to bring down interest rates resulting in declining rate of return on bank deposits as well as National Savings Schemes. Equities offer attractive dividend yield. However, it is difficult for an average person to build and manage its investment portfolio. For the small investors mutual funds can be an attractive proposition. Since mutual funds have a diversified investment portfolio and employ expert asset managers the probability of earning better returns is high.



 

GST ON DRUGS
The government is redrawing the list of essential drugs to add more life-saving drugs into the tax-exempt list. Though the inclusion of 220 new generic drugs will translate into another 9,000 to 10,000 formulas which in addition to some 10,600 six formulas would cover many more drugs than previously as per the sources. However, there is a long term cost as the new Drug Policy waiting approval will offer free registration of drugs in the country.

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SITE @ SCHOOLS
SITE @ Schools is an IT education program aimed at providing proper IT education with appropriate tools at the school level. It aims to knit the schools of the town in a comprehensive and interactive network of IT education program to develop a strong foundation of IT knowledge at school level which would ultimately help producing professional IT education at higher stage. This would be career oriented IT education right from primary level.

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