India is expected to maintain last year’s record of being the world’s largest milk producer, with an estimated 110 million tonnes in 2008-09. The country achieved the distinction with the production of 104.8 million tonnes in the 2007-08, according to a spokesman of the National Dairy Development Board. The spokesman said the world’s milk production was expected to be 688 million tonnes in 2008-09, a marginal 1.7 per cent increase...
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The case for Sugar cooperatives' reform
There is substantial capacity in the cooperative sugar sector. Reform of the sector needs transparency, enforcement of prudential norms and effective governance. Multi State cooperatives can now become Producer Companies under the Companies Act by the Second Amendment in 2002 based on a Draft Act prepared by a Committee I chaired. As far as possible conflict of interest, reporting norms and so on need enforcement for cooperatives as in Company...
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