The Union government’s decision to revive a long-forgotten concept of primary producers’ companies (PPCs) ought to be welcomed. Such companies can help small farmers and individual craftsmen come together to derive economies of scale. The idea of farmers’ companies which extend the benefit of being a registered firm while allowing farmers to derive all the benefits of agricultural land ownership, was mooted nearly a decade ago. After much debate, the...
More »SEARCH RESULT
Hard Times by Ashok Mitra
Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....
More »Kashmir's houseboats in decline by David Loyn
The houseboat industry in Indian-administered Kashmir, one of the jewels in India's tourist crown, is threatened with closure. If it does not clean up its act the courts have threatened to close down the houseboats, which have entertained visitors since British times. The boats are intricately carved and often very spacious, but 20 years of low investment during the insurgency against Indian control of the Kashmir Valley have taken their toll....
More »Of money, greed and risk-loving CEOs by Jayati Ghosh
This has been quite a decade for global corporate leaders, volatile not only in terms of their actual fortunes, but even more so with respect to the shifting perceptions of society. When the decade began, large corporations and those at their helm were at the peak of their power, flush with riches delivered by the dotcom boom in the US economy as well as the vast opportunities created by easier...
More »Watch them behave by Robert Skidelsky
From next year, on swearing allegiance to the Queen, all members of Britain’s House of Lords will be required to sign a written commitment to honesty and integrity. Unexceptionable principles, one might say. But, until recently, it was assumed that persons appointed to advise the sovereign were already of sufficient honesty and integrity to do so. They were assumed to be recruited from groups with internalised codes of honour. No...
More »